Shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) were up 8.1% during trading on Friday. The company traded as high as $0.8758 and last traded at $0.8758. 355 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 14,361 shares. The stock had previously closed at $0.81.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Hong Kong & China Gas to a “hold” rating in a research report on Friday, August 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Hong Kong & China Gas currently has a consensus rating of “Hold”.
Read Our Latest Analysis on Hong Kong & China Gas
Hong Kong & China Gas Price 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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