CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) shares hit a new 52-week high during mid-day trading on Friday. The stock traded as high as $10.70 and last traded at $10.29, with a volume of 1,064 shares changing hands. The stock had previously closed at $10.24.
CLP Stock Up 1.1%
The company has a quick ratio of 0.55, a current ratio of 0.66 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average price is $9.88 and its 200-day moving average price is $9.73.
About CLP
CLP Holdings Limited is an investor-owned utility headquartered in Hong Kong. Founded in 1901 as China Light and Power Company, the group has grown into an international energy business focused on electricity generation, transmission, distribution and retail supply.
Through CLP Power Hong Kong, the company supplies electricity to customers across Hong Kong and operates the territory’s electricity transmission and distribution network. Its generation portfolio includes gas-fired, nuclear, renewable and other power assets, supporting the region’s electricity needs while the company works to reduce the carbon intensity of its operations.
CLP also operates energy businesses in Australia, mainland China, India, Taiwan and other Asia-Pacific markets.
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