Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $0.80, but opened at $0.74. Hong Kong & China Gas shares last traded at $0.74, with a volume of 3,096 shares traded.
Hong Kong & China Gas Stock Up 5.5%
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 firm has a 50-day moving average of $0.86 and a 200 day moving average of $0.79.
Hong Kong & China Gas Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 9th were issued a $0.0237 dividend. This represents a dividend yield of 4.8%. The ex-dividend date was Friday, June 6th. This is an increase from Hong Kong & China Gas's previous dividend of $0.01.
Hedge Funds Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers grew its position 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 13F filing with the Securities and Exchange Commission (SEC). The firm 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.
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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