Shares of HK Electric Investments and HK Electric Investments Limited (OTCMKTS:HKCVF – Get Free Report) were down 3.3% during mid-day trading on Tuesday . The company traded as low as $0.6081 and last traded at $0.6081. Approximately 48 shares traded hands during trading, a decline of 88% from the average daily volume of 400 shares. The stock had previously closed at $0.6286.
HK Electric Investments and HK Electric Investments Price Performance
The firm’s 50 day moving average price is $0.63 and its 200-day moving average price is $0.65.
HK Electric Investments and HK Electric Investments Company Profile
HK Electric Investments is an investment holding company focused on energy infrastructure in Hong Kong. Through its principal operating subsidiary, Hongkong Electric Company, it engages in the generation, transmission, distribution and retail supply of electricity. The company serves residential, commercial and industrial customers on Hong Kong Island and Lamma Island, providing reliable power under a long‐standing regulatory framework governed by the Hong Kong government.
The company’s roots trace back to the Hongkong Electric Company, which was founded in 1890 as one of the first electric utilities in Asia.
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