Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) dropped 7.7% on Wednesday. The company traded as low as $0.8087 and last traded at $0.8087. 1,295 shares traded hands during trading, a decline of 91% from the average session volume of 14,282 shares. The stock had previously closed at $0.8764.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Hong Kong & China Gas to a “hold” rating in a report on Friday, August 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Report on HOKCY
Hong Kong & China Gas Stock Performance
Hong Kong & China Gas Company Profile
Hong Kong & China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy utility and infrastructure company. Founded in 1862, it is one of Hong Kong’s longest-established public utilities and supplies piped gas to residential, commercial and industrial customers across the city.
The company develops and operates gas production, transmission and distribution infrastructure and provides related services, including gas appliance sales, installation and maintenance.
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