Power Assets (OTCMKTS:HGKGY) Reaches New 12-Month High – Still a Buy?

Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $6.99 and last traded at $6.99, with a volume of 941 shares trading hands. The stock had previously closed at $6.79.

Power Assets Stock Performance

The company’s fifty day simple moving average is $6.54 and its two-hundred day simple moving average is $6.50.

About Power Assets

(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.

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