Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $6.37, but opened at $6.91. Power Assets shares last traded at $6.91, with a volume of 1,295 shares changing hands.
Power Assets Stock Down 3.1%
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's 50 day moving average price is $6.53 and its 200-day moving average price is $6.50.
Power Assets Increases Dividend
The company also recently announced 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. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a dividend yield of 4.84%. This is a boost from Power Assets's previous dividend of $0.08.
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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