Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $0.75, but opened at $0.84. Hong Kong & China Gas shares last traded at $0.84, with a volume of 2,095 shares changing hands.
Hong Kong & China Gas Trading Up 12.2%
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 simple moving average of $0.86 and a 200-day simple moving average 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 is an increase from Hong Kong & China Gas's previous dividend of $0.01. The ex-dividend date is Friday, June 6th. This represents a dividend yield of 4.8%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake 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 filing with the Securities and Exchange Commission. The institutional investor owned 131,441 shares of the company's stock after purchasing 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 filing with the Securities and Exchange Commission.
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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