Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 18,365 shares were traded during mid-day trading, an increase of 597% from the average daily volume of 2,634 shares. The stock last traded at $7.88 and had previously closed at $7.9910.
Power Assets Trading Up 2.0%
The company’s 50-day moving average price is $7.67 and its 200-day moving average price is $7.74.
About Power Assets
Power Assets Holdings Limited is an investment holding company focused on the energy and utility sectors. The company invests in businesses involved in electricity generation, transmission and distribution, gas distribution, renewable energy and other infrastructure-related activities.
Through its portfolio of investments, Power Assets has exposure to utility and energy infrastructure projects in Hong Kong, the United Kingdom, Australia, New Zealand, Canada and other international markets.
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