Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $0.84, but opened at $0.81. Hong Kong & China Gas shares last traded at $0.81, with a volume of 5,000 shares traded.
Hong Kong & China Gas Stock Down 3.6%
The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 0.65. The business has a fifty day moving average price of $0.86 and a 200 day moving average price of $0.78.
Hong Kong & China Gas Increases Dividend
The firm also recently declared a dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be issued a dividend of $0.0237 per share. This represents a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, June 6th. This is a positive change from Hong Kong & China Gas's previous dividend of $0.01.
Institutional Investors Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers grew its holdings in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 131,441 shares of the company's stock after buying an additional 27,860 shares during the period. Rhumbline Advisers' holdings in Hong Kong & China Gas were worth $107,000 as of its most recent filing with the SEC.
About Hong Kong & China Gas
(
Get Free Report)
The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.
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