Hong Kong and China Gas (OTCMKTS:HOKCY) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Shares of The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.76 and traded as high as $0.77. Hong Kong and China Gas shares last traded at $0.73, with a volume of 3,499 shares changing hands.

Hong Kong and China Gas Price Performance

The stock’s fifty day moving average is $0.76 and its 200-day moving average is $0.75.

Hong Kong and China Gas Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, September 18th. Stockholders of record on Thursday, August 29th were issued a dividend of $0.0123 per share. The ex-dividend date of this dividend was Thursday, August 29th.

Hong Kong and China Gas Company Profile

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.