Hong Kong and China Gas (OTCMKTS:HOKCY) Share Price Passes Above Fifty Day Moving Average of $0.74

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.74 and traded as high as $0.78. Hong Kong and China Gas shares last traded at $0.78, with a volume of 40 shares traded.

Hong Kong and China Gas Price Performance

The company has a quick ratio of 0.60, a current ratio of 0.66 and a debt-to-equity ratio of 0.57. The company has a fifty day moving average of $0.74 and a two-hundred day moving average of $0.71.

Hong Kong and China Gas Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 6th will be given a dividend of $0.0235 per share. This is a positive change from Hong Kong and China Gas’s previous dividend of $0.01. The ex-dividend date of this dividend is Wednesday, June 5th.

Hong Kong and China Gas Company Profile

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.