Shares of The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.75 and traded as high as $0.84. Hong Kong and China Gas shares last traded at $0.84, with a volume of 27,490 shares changing hands.
Hong Kong and China Gas Price Performance
The company has a debt-to-equity ratio of 0.56, a current ratio of 0.59 and a quick ratio of 0.52. The stock has a 50-day simple moving average of $0.76 and a 200-day simple moving average of $0.74.
Hedge Funds Weigh In On Hong Kong and China Gas
A hedge fund recently raised its stake in Hong Kong and China Gas stock. Rhumbline Advisers boosted its holdings in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Free Report) by 26.9% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 131,441 shares of the company's stock after buying an additional 27,860 shares during the period. Rhumbline Advisers' holdings in Hong Kong and China Gas were worth $107,000 as of its most recent SEC filing.
About Hong Kong and China Gas
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The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.
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