Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) shares were down 6.6% during mid-day trading on Friday . The company traded as low as $0.75 and last traded at $0.75. Approximately 5,136 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 26,970 shares. The stock had previously closed at $0.81.
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 moving average of $0.86 and a 200-day moving average of $0.78.
Hong Kong & China Gas Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 9th will be issued 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%.
Hedge Funds Weigh In On Hong Kong & China Gas
A hedge fund recently raised its stake in Hong Kong & China Gas stock. Rhumbline Advisers lifted 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 and Exchange Commission. The fund owned 131,441 shares of the company's stock after acquiring 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
(
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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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