Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) saw unusually-strong trading volume on Friday. Approximately 21,000 shares traded hands during mid-day trading, an increase of 50% from the previous session’s volume of 13,963 shares. The stock last traded at $0.9110 and had previously closed at $0.95.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Hong Kong & China Gas to a “hold” rating in a research report on Friday, August 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Hong Kong & China Gas presently has an average rating of “Hold”.
Check Out Our Latest Research Report on Hong Kong & China Gas
Hong Kong & China Gas Trading Up 4.1%
Hong Kong & China Gas Company Profile
Hong Kong & China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy utility and infrastructure company. Founded in 1862, it is one of Hong Kong’s longest-established public utilities and supplies piped gas to residential, commercial and industrial customers across the city.
The company develops and operates gas production, transmission and distribution infrastructure and provides related services, including gas appliance sales, installation and maintenance.
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