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Power Assets (OTCMKTS:HGKGY) Sees Unusually-High Trading Volume - Time to Buy?

Power Assets logo with Utilities background

Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 12,225 shares changed hands during trading, an increase of 311% from the previous session's volume of 2,974 shares.The stock last traded at $6.43 and had previously closed at $6.43.

Power Assets Trading Down 1.2%

The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.03. The stock has a fifty day moving average price of $6.49 and a 200-day moving average price of $6.47.

Power Assets Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 17th. Investors of record on Wednesday, May 28th were paid a dividend of $0.2425 per share. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 4.84%. This is a positive change from Power Assets's previous dividend of $0.08.

About Power Assets

(Get Free Report)

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.

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