Hong Kong & China Gas (OTCMKTS:HOKCY) Shares Gap Up – Still a Buy?

Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report)’s stock price gapped up prior to trading on Thursday. The stock had previously closed at $0.81, but opened at $0.8750. Hong Kong & China Gas shares last traded at $0.8750, with a volume of 482 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded 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, Based on data from MarketBeat.com, Hong Kong & China Gas presently has an average rating of “Hold”.

Check Out Our Latest Analysis on Hong Kong & China Gas

Hong Kong & China Gas Price Performance

The business’s 50-day moving average is $0.88 and its 200 day moving average is $0.87.

Hong Kong & China Gas Company Profile

(Get Free Report)

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.

Further Reading

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