Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) shares traded down 6.6% during mid-day trading on Friday . The company traded as low as $0.75 and last traded at $0.75. 5,136 shares were traded during mid-day trading, a decline of 81% from the average session volume of 26,970 shares. The stock had previously closed at $0.81.
Hong Kong & China Gas Stock Down 6.6%
The company's 50-day moving average is $0.86 and its 200-day moving average is $0.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.60 and a current ratio of 0.67.
Hong Kong & China Gas Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be paid a $0.0237 dividend. This is a boost 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 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 first quarter, according to its most recent 13F filing with the SEC. The firm owned 131,441 shares of the company's stock after purchasing 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.
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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