Shares of CK Infrastructure Holdings Limited (OTCMKTS:CKISY – Get Free Report) shot up 16.8% during mid-day trading on Tuesday . The company traded as high as $40.2810 and last traded at $40.2810. 106 shares traded hands during trading, a decline of 67% from the average session volume of 325 shares. The stock had previously closed at $34.50.
CK Infrastructure Stock Performance
The business has a fifty day simple moving average of $34.62 and a 200 day simple moving average of $33.31.
About CK Infrastructure
CK Infrastructure Holdings Limited (OTCMKTS: CKISY) is a Hong Kong–based infrastructure investment company and a flagship subsidiary of CK Hutchison Holdings. The company specializes in owning and operating a diversified portfolio of utility and infrastructure assets. Its core business activities encompass energy generation and distribution, water treatment and supply, waste management, as well as transport-related services such as highways, rail, and light rail systems. By focusing on long-term concessions and regulated asset returns, CK Infrastructure aims to deliver stable cash flows and steady dividend growth for its shareholders.
The group’s operations span across several regions, including Hong Kong, Mainland China, Australia, New Zealand, and parts of Europe.
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