Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) fell 8.4% during trading on Tuesday . The stock traded as low as $6.06 and last traded at $6.06. 1,026 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 2,876 shares. The stock had previously closed at $6.62.
Power Assets Stock Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 0.86 and a quick ratio of 0.86. The company's 50 day moving average is $6.53 and its 200 day moving average is $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 paid a dividend of $0.2425 per share. This represents a yield of 4.84%. This is an increase from Power Assets's previous dividend of $0.08. The ex-dividend date was Tuesday, May 27th.
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.
Further Reading
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