Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) shares saw an uptick in trading volume on Friday . 3,035 shares were traded during trading, an increase of 36% from the previous session’s volume of 2,232 shares.The stock last traded at $7.75 and had previously closed at $7.84.
Power Assets Stock Performance
The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.02. The company’s fifty day moving average price is $7.54 and its two-hundred day moving average price is $7.76.
Power Assets Company Profile
Power Assets Holdings Limited is an investment holding company focused on the international energy and utility sectors. Through its portfolio of investments and associated companies, the company has interests in electricity generation, transmission and distribution, gas distribution, renewable energy and other infrastructure-related businesses.
The company has historically been closely associated with Hong Kong’s electricity industry. It was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in 2015, following the separation of its Hong Kong electricity business into HK Electric Investments.
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