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CLP (OTCMKTS:CLPHY) Shares Up 1.6% - Here's What Happened

CLP logo with Utilities background

CLP Holdings Limited (OTCMKTS:CLPHY - Get Free Report)'s share price rose 1.6% on Thursday . The company traded as high as $8.36 and last traded at $8.31. Approximately 59,011 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 127,758 shares. The stock had previously closed at $8.18.

CLP Price Performance

The business's 50-day simple moving average is $8.21 and its two-hundred day simple moving average is $8.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56.

About CLP

(Get Free Report)

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.

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