Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report)'s stock price was down 20.4% during trading on Thursday . The company traded as low as $0.74 and last traded at $0.74. Approximately 25,000 shares were traded during trading, a decline of 2% from the average daily volume of 25,397 shares. The stock had previously closed at $0.93.
Hong Kong & China Gas Trading Down 8.4%
The firm's 50-day moving average price is $0.86 and its two-hundred day moving average price is $0.79. The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 0.65.
Hong Kong & China Gas Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 9th were paid a dividend of $0.0237 per share. This is a boost from Hong Kong & China Gas's previous dividend of $0.01. The ex-dividend date was Friday, June 6th. This represents a yield of 4.8%.
Institutional Investors Weigh In On Hong Kong & China Gas
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers increased its stake in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 at the end of the most recent reporting period.
Hong Kong & China Gas Company Profile
(
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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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