Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) saw an uptick in trading volume on Tuesday . Approximately 2,835 shares were traded during mid-day trading, an increase of 24% from the previous session’s volume of 2,282 shares.The stock last traded at $7.75 and had previously closed at $7.76.
Power Assets Price Performance
The firm has a 50-day moving average of $7.47 and a 200-day moving average of $7.78. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.60 and a current ratio of 0.60.
About Power Assets
Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.
Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.
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