CLP (CLPHY) Upgraded to Buy by ValuEngine
CLP (OTCMKTS:CLPHY) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
Separately, Zacks Investment Research raised CLP from a “sell” rating to a “hold” rating in a report on Tuesday, September 12th.
CLP (OTCMKTS:CLPHY) traded down $0.04 on Friday, reaching $10.21. The company’s stock had a trading volume of 37,590 shares, compared to its average volume of 37,807. CLP has a 52 week low of $9.05 and a 52 week high of $11.00. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.74 and a current ratio of 0.84.
CLP Holdings Limited is an investment holding company. The principal activities of the Company’s subsidiaries are the generation and supply of electricity in Hong Kong, India and Australia, and investment holding of power projects in Mainland China, Southeast Asia and Taiwan. The Company is an operator in the energy sector of the Asia-Pacific region.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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