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Hong Kong and China Gas (OTCMKTS:HOKCY) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

Hong Kong and China Gas logo with Utilities background

Shares of The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.73 and traded as low as $0.68. Hong Kong and China Gas shares last traded at $0.68, with a volume of 16,152 shares.

Hong Kong and China Gas Stock Down 5.4 %

The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.52 and a current ratio of 0.59. The business has a 50-day moving average price of $0.73 and a two-hundred day moving average price of $0.74.

Hong Kong and China Gas Company Profile

(Get Free Report)

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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