CLP (OTCMKTS:CLPHY) Hits New 12-Month High – What’s Next?

Shares of CLP Holdings Ltd. (OTCMKTS:CLPHYGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $10.1199 and last traded at $9.8140, with a volume of 128537 shares changing hands. The stock had previously closed at $9.79.

CLP Trading Up 0.2%

The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.54 and a current ratio of 0.67. The business’s 50 day simple moving average is $9.16 and its 200 day simple moving average is $8.74.

CLP Company Profile

(Get Free Report)

CLP Holdings Limited (OTCMKTS: CLPHY) is an investor‑owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.

Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.

Featured Stories

Receive News & Ratings for CLP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CLP and related companies with MarketBeat.com's FREE daily email newsletter.