Power Assets (OTCMKTS:HGKGY) Reaches New 12-Month High – Here’s What Happened

Power Assets Holdings Ltd. (OTCMKTS:HGKGYGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $8.33 and last traded at $8.33, with a volume of 1447 shares trading hands. The stock had previously closed at $7.8595.

Power Assets Trading Up 6.0%

The business has a fifty day moving average of $7.57 and a 200-day moving average of $6.89.

About Power Assets

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Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.

Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.

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