Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.86 and traded as low as $0.76. Hong Kong & China Gas shares last traded at $0.85, with a volume of 7,333 shares changing hands.
Hong Kong & China Gas Stock Up 0.2%
The business's fifty day moving average is $0.85 and its 200-day moving average is $0.80. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.67 and a quick ratio of 0.60.
Hong Kong & China Gas Increases Dividend
The business also recently announced a dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 9th were issued a $0.0237 dividend. This represents a yield of 4.8%. This is an increase from Hong Kong & China Gas's previous dividend of $0.01. The ex-dividend date was Friday, June 6th.
Institutional Investors 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 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 Form 13F 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 period. Rhumbline Advisers' holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent reporting period.
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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