Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s stock price traded up 8.4% on Monday. The company traded as high as $0.90 and last traded at $0.90. Approximately 200 shares were traded during mid-day trading, a decline of 99% from the average session volume of 13,769 shares. The stock had previously closed at $0.83.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of Hong Kong & China Gas to a “hold” rating in a research report on Friday, August 21st. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company presently has a consensus rating of “Hold”.
Get Our Latest Report on Hong Kong & China Gas
Hong Kong & China Gas Trading Up 18.7%
The stock has a fifty day moving average of $0.89 and a two-hundred day moving average of $0.88.
Hong Kong & China Gas Company Profile
Hong Kong & China Gas Company Limited, commonly known as Towngas, is an energy and utility company headquartered in Hong Kong. Founded in 1862, it is one of the territory’s longest-established public utility companies and operates a piped town-gas business serving residential, commercial and industrial customers.
The company produces, distributes and supplies town gas through its Hong Kong network, supporting household cooking, water heating and other energy needs. It also provides related services and develops energy infrastructure, including gas-related engineering, project development and smart-energy solutions.
Through subsidiaries and investments, Towngas has expanded into mainland China and other businesses associated with city-gas distribution, water and environmental services, and renewable or lower-carbon energy.
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