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 trading hands.
Power Assets Trading Down 1.8%
The firm has a 50-day moving average of $6.53 and a 200 day moving average of $6.50. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.03.
Power Assets Increases Dividend
The business also recently declared 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 was Tuesday, May 27th. This is a positive change from Power Assets's previous dividend of $0.08. 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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