Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s stock price was up 6.4% during mid-day trading on Friday . The stock traded as high as $0.8199 and last traded at $0.8199. Approximately 5,393 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 13,674 shares. The stock had previously closed at $0.7706.
Hong Kong & China Gas Stock Performance
The business has a fifty day moving average price of $0.86 and a 200 day moving average price of $0.88. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 0.61.
Hedge Funds Weigh In On Hong Kong & China Gas
An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers grew its stake in shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,441 shares of the company’s stock after buying an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 as of its most recent filing with the Securities and Exchange Commission.
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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