Shares of Hong Kong & China Gas Co. (
OTCMKTS:HOKCY -
Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $0.84, but opened at $0.97. Hong Kong & China Gas shares last traded at $0.97, with a volume of 3,250 shares traded.
Hong Kong & China Gas Price Performance
The business's 50 day moving average price is $0.84 and its 200 day moving average price is $0.84. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.61 and a current ratio of 0.67.
Hong Kong & China Gas Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, September 22nd. Shareholders of record on Wednesday, September 3rd were issued a $0.0123 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a yield of 411.0%.
Hedge Funds Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers boosted its holdings in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,441 shares of the company's stock after buying an additional 27,860 shares during the quarter. Rhumbline Advisers' holdings in Hong Kong & China Gas were worth $107,000 as of its most recent SEC filing.
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.
Further Reading
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