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Hong Kong and China Gas (OTCMKTS:HOKCY) Shares Cross Above 50 Day Moving Average - Here's What Happened

Hong Kong and China Gas logo with Utilities background

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.74 and traded as high as $0.80. Hong Kong and China Gas shares last traded at $0.80, with a volume of 45,797 shares trading hands.

Hong Kong and China Gas Price Performance

The company has a fifty day moving average price of $0.75 and a two-hundred day moving average price of $0.74. The company has a quick ratio of 0.52, a current ratio of 0.59 and a debt-to-equity ratio of 0.56.

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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