CLP (OTCMKTS:CLPHY) Shares Gap Down – Here’s Why

CLP Holdings Ltd. (OTCMKTS:CLPHYGet Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $8.86, but opened at $8.42. CLP shares last traded at $8.74, with a volume of 1,070 shares changing hands.

CLP Price Performance

The company has a 50 day moving average of $8.61 and a 200 day moving average of $8.48. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 0.45.

About CLP

(Get Free Report)

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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