Power Assets (HGKGY) Stock Price, News & Analysis

Company Overview

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. It has a generation capacity of 879 MW renewable energy/energy from waste, 5,262 MW gas fired, and 3,567 MW coal/oil fired; and operates 114,900 km of gas/oil pipeline, as well as 388,200 km of power network serving 19,790,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.

Key Stats

• Today's Range: $6.37 to $6.42
• 50-Day Range: $6.31 to $6.98
• 52-Week Range: $4.89 to $7.18
• Volume: 1,132 shs
• Average Volume: 3,464 shs
• Market Capitalization: $13.58 billion
• P/E Ratio: N/A
• Dividend Yield: 2.51%
• Price Target: N/A
• Consensus Rating: N/A

Power Assets Stock Analysis - MarketRank™

Power Assets scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Power Assets.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Power Assets has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Power Assets have been sold short.

Short Interest Ratio / Days to Cover

Power Assets has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Power Assets has recently decreased by 56.14%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Power Assets pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Power Assets does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Power Assets have been sold short.

Short Interest Ratio / Days to Cover

Power Assets has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Power Assets has recently decreased by 56.14%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Power Assets this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Power Assets insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of Power Assets is held by insiders.

HGKGY Stock Analysis - Frequently Asked Questions

How have HGKGY shares performed this year?

Power Assets' stock was trading at $5.58 at the start of the year. Since then, HGKGY shares have increased by 14.2% and is now trading at $6.37.
View the best growth stocks for 2024 here.

How do I buy shares of Power Assets?

Shares of HGKGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/12/2024
• Dividend Payable: 10/01/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Utilities
• Industry: Power, distribution & specialty transformers
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:HGKGY
• CUSIP: N/A
• CIK: N/A
• Web: www.powerassets.com
• Phone: 852-2122-9122
• Fax: 852-2180-9708
• Employees: 13
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $165.02 million
• Price / Sales: 82.26
• Cash Flow: $0.36 per share
• Price / Cash Flow: 17.90
• Book Value: $5.32 per share
• Price / Book: 1.20

Miscellaneous

• Outstanding Shares: 2,131,100,000
• Free Float: 2,109,794,000
• Market Cap: $13.58 billion
• Optionable: Not Optionable
• Beta: 0.52