Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s share price was up 7.6% during mid-day trading on Thursday . The company traded as high as $0.8334 and last traded at $0.8334. Approximately 500 shares traded hands during trading, a decline of 96% from the average daily volume of 13,543 shares. The stock had previously closed at $0.7743.
Hong Kong & China Gas Price Performance
The company has a debt-to-equity ratio of 0.61, a current ratio of 0.63 and a quick ratio of 0.55. The stock has a 50-day moving average of $0.85 and a two-hundred day moving average of $0.88.
Institutional Investors Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers increased its position in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 131,441 shares of the company’s stock after purchasing an additional 27,860 shares during the period. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent reporting period.
About Hong Kong & China Gas
The Hong Kong and China Gas Company Limited, commonly known as Towngas, is a long-established utility and energy services company founded in 1862. It is principally engaged in the production, distribution and sale of town gas and related energy products, serving residential, commercial and industrial customers. Towngas operates through an integrated model that covers gas production facilities, transmission and distribution networks, customer metering and billing, and after-sales services.
Core products and services include piped town gas for household and commercial use, liquefied petroleum gas (LPG) distribution, gas appliances and fittings, and engineering, installation and maintenance services.
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