Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 2,334 shares, an increase of 219.7% from the June 30th total of 730 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,551 shares, the days-to-cover ratio is presently 0.7 days.
Power Assets Stock Performance
Shares of Power Assets stock opened at $7.83 on Monday. The company’s 50 day moving average price is $7.53 and its two-hundred day moving average price is $7.77. Power Assets has a fifty-two week low of $6.09 and a fifty-two week high of $8.61. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.60 and a current ratio of 0.60.
About Power Assets
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.
Recommended Stories
- Five stocks we like better than Power Assets
- This Tiny AI Supplier Could Be More Important Than the Chipmakers
- Meta Earnings Put AI Spending and Ad Growth Back in Focus
- These 3 AI Winners Don’t Sell the Tech—They Use It
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
Receive News & Ratings for Power Assets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Assets and related companies with MarketBeat.com's FREE daily email newsletter.
