Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Short Interest Update

Hong Kong & China Gas Co. (OTCMKTS:HOKCY) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 369 shares, a decrease of 76.2% from the August 31st total of 1,550 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 17,231 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Hong Kong & China Gas to a “hold” rating in a research report on Friday, August 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Hong Kong & China Gas Stock Performance

Shares of Hong Kong & China Gas stock traded down $0.02 during mid-day trading on Friday, hitting $0.84. The stock had a trading volume of 3,514 shares, compared to its average volume of 9,951. The firm has a 50-day moving average of $0.87 and a two-hundred day moving average of $0.87. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.55 and a current ratio of 0.63. Hong Kong & China Gas has a 12-month low of $0.77 and a 12-month high of $1.01.

About Hong Kong & China Gas

Hong Kong & China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy and utility company. Established in 1862, it operates Hong Kong’s piped-gas supply network and provides natural gas and related energy services to residential, commercial and industrial customers.

The company distributes town gas and natural gas, supplies liquefied petroleum gas, and sells gas appliances and household products. Its activities also include gas engineering, infrastructure development, energy management and the development of lower-carbon and renewable energy solutions.

Beyond Hong Kong, Towngas has expanded into mainland China, where it operates city-gas and related utility businesses in numerous urban markets.