China Gas Holdings Limited (OTCMKTS:CGHLY – Get Free Report)’s stock price fell 11.4% on Friday . The stock traded as low as $15.45 and last traded at $15.45. Approximately 145 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 287 shares. The stock had previously closed at $17.4315.
China Gas Trading Down 11.4%
The business’s 50 day moving average price is $17.79 and its 200-day moving average price is $21.47.
About China Gas
China Gas (OTCMKTS:CGHLY) is a Hong Kong–based energy company primarily engaged in the distribution and sale of natural gas in the People’s Republic of China. Through its network of subsidiaries, the company builds, owns and operates city-gas pipeline systems that deliver piped natural gas to residential, commercial and industrial customers. In addition to its core piped?gas business, China Gas develops liquefied natural gas (LNG) and compressed natural gas (CNG) refilling stations to support transportation and decentralized energy needs.
The company’s operations encompass the entire gas?value chain, from upstream procurement and storage to downstream distribution and retail.
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