Hong Kong and China Gas (OTCMKTS:HOKCY) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCYGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.73 and traded as low as $0.68. Hong Kong and China Gas shares last traded at $0.68, with a volume of 16,152 shares trading hands.

Hong Kong and China Gas Stock Down 8.8 %

The company’s fifty day simple moving average is $0.73 and its two-hundred day simple moving average is $0.74. The company has a current ratio of 0.59, a quick ratio of 0.52 and a debt-to-equity ratio of 0.56.

Hong Kong and China Gas Company Profile

(Get Free Report)

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.

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