Power Assets Holdings Limited (OTCMKTS:HGKGY - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 700 shares, an increase of 250.0% from the September 15th total of 200 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 0.5 days.
Power Assets Stock Down 0.4 %
Shares of HGKGY traded down $0.03 during trading hours on Thursday, hitting $6.37. 6,830 shares of the stock were exchanged, compared to its average volume of 3,364. The stock's 50-day moving average price is $6.71 and its two-hundred day moving average price is $6.05. Power Assets has a 12-month low of $4.62 and a 12-month high of $7.18. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.03.
Power Assets Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 12th were given a $0.0801 dividend. The ex-dividend date of this dividend was Thursday, September 12th.
Power Assets Company Profile
(
Get Free Report)
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Power Assets, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Power Assets wasn't on the list.
While Power Assets currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
