Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s share price traded down 5.3% on Tuesday . The stock traded as low as $0.90 and last traded at $0.90. 1,144 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 9,149 shares. The stock had previously closed at $0.95.
Hong Kong & China Gas Trading Down 2.2%
The firm’s 50-day moving average price is $0.89 and its two-hundred day moving average price is $0.90. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 0.61.
Institutional Trading of Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers raised its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,441 shares of the company’s stock after acquiring an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent quarter.
Hong Kong & China Gas Company Profile
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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