CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) traded up 1% on Tuesday . The stock traded as high as $9.90 and last traded at $9.89. Approximately 90,434 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 120,647 shares. The stock had previously closed at $9.79.
CLP Stock Performance
The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.48 and a current ratio of 0.59. The stock’s 50 day simple moving average is $9.61 and its 200-day simple moving average is $9.54.
About CLP
CLP Holdings Limited (OTCMKTS: CLPHY) is an investor‑owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.
Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.
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