Shares of CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) saw strong trading volume on Tuesday . 236,267 shares traded hands during trading, an increase of 149% from the previous session’s volume of 95,056 shares.The stock last traded at $8.7750 and had previously closed at $8.80.
CLP Stock Performance
The company’s fifty day simple moving average is $8.41 and its 200 day simple moving average is $8.44. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.67 and a quick ratio of 0.54.
CLP Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, September 22nd. Investors of record on Thursday, September 4th were paid a $0.0723 dividend. The ex-dividend date was Wednesday, September 3rd. This represents a yield of 438.0%.
About CLP
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.
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