Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $0.84, but opened at $0.80. Hong Kong & China Gas shares last traded at $0.88, with a volume of 962 shares changing hands.
Hong Kong & China Gas Price Performance
The company has a debt-to-equity ratio of 0.65, a current ratio of 0.67 and a quick ratio of 0.60. The stock has a 50-day moving average price of $0.86 and a 200 day moving average price of $0.79.
Hong Kong & China Gas Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 9th will be issued a $0.0237 dividend. This represents a 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.
Hedge Funds Weigh In On Hong Kong & China Gas
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers raised its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 131,441 shares of the company's stock after acquiring an additional 27,860 shares during the period. Rhumbline Advisers' holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent quarter.
Hong Kong & China Gas Company Profile
(
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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