Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report)'s stock price shot up 12.2% during mid-day trading on Monday . The stock traded as high as $0.85 and last traded at $0.85. 134 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 23,813 shares. The stock had previously closed at $0.76.
Hong Kong & China Gas Price Performance
The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $0.85 and a 200 day simple moving average of $0.80.
Hong Kong & China Gas Increases Dividend
The business also recently declared a dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 9th were given a dividend of $0.0237 per share. This represents a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, June 6th. This is an increase from Hong Kong & China Gas's previous dividend of $0.01.
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 stake in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Free Report) by 26.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing.
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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