Shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) were up 8.1% on Friday. The company traded as high as $0.8758 and last traded at $0.8758. 355 shares traded hands during trading, a decline of 98% from the average daily volume of 14,361 shares. The stock had previously closed at $0.81.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised Hong Kong & China Gas to a “hold” rating in a report on Friday, August 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
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Hong Kong & China Gas Price Performance
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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