Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $8.20 and last traded at $8.20, with a volume of 453 shares trading hands. The stock had previously closed at $8.06.
Power Assets Stock Performance
The firm has a 50 day moving average price of $7.09 and a two-hundred day moving average price of $6.70.
Power Assets Company Profile
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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