Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) rose 9.1% during trading on Monday . The company traded as high as $6.84 and last traded at $6.84. Approximately 1,983 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 3,430 shares. The stock had previously closed at $6.27.
Power Assets Stock Performance
The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.86 and a current ratio of 0.86. The business's 50 day simple moving average is $6.52 and its 200-day simple moving average is $6.47.
About Power Assets
(
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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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