Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $0.92, but opened at $0.8480. Hong Kong & China Gas shares last traded at $0.8480, with a volume of 414 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research raised Hong Kong & China Gas to a “hold” rating in a report on Friday, August 21st. One analyst has rated the stock with a Hold rating. According to MarketBeat, Hong Kong & China Gas has a consensus rating of “Hold”.
Get Our Latest Analysis on Hong Kong & China Gas
Hong Kong & China Gas Trading Down 7.8%
The firm has a fifty day simple moving average of $0.88 and a 200-day simple moving average of $0.88.
Hong Kong & China Gas Company Profile
The Hong Kong and China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy utility founded in 1862. It supplies piped town gas to residential, commercial and industrial customers in Hong Kong, where its services include gas distribution and related customer and engineering services. The company also operates in mainland China, where its businesses include city-gas distribution and energy services. Across its operations, Towngas has expanded into areas such as renewable energy, water and environmental services, and energy infrastructure.
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