Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.60, but opened at $6.05. Power Assets shares last traded at $6.05, with a volume of 193 shares traded.
Power Assets Stock Up 2.5%
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 business has a 50 day moving average price of $6.54 and a 200-day moving average price of $6.50.
Power Assets Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Wednesday, May 28th were given a $0.2425 dividend. This is an increase from Power Assets's previous dividend of $0.08. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 4.84%.
Power Assets Company Profile
(
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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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