Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $6.40, but opened at $6.84. Power Assets shares last traded at $6.19, with a volume of 744 shares trading hands.
Power Assets Trading Up 2.5%
The firm's fifty day simple moving average is $6.54 and its 200-day simple moving average is $6.50. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.86 and a quick ratio of 0.86.
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 given a dividend of $0.2425 per share. This is an increase from Power Assets's previous dividend of $0.08. This represents a dividend yield of 4.84%. The ex-dividend date of this dividend was Tuesday, May 27th.
Power Assets Company Profile
(
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Power Assets, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Power Assets wasn't on the list.
While Power Assets currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
