Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $0.81, but opened at $0.88. Hong Kong & China Gas shares last traded at $0.88, with a volume of 6,106 shares.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Hong Kong & China Gas to a “hold” rating in a research note on Friday, August 21st. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock has an average rating of “Hold”.
Read Our Latest Research Report on HOKCY
Hong Kong & China Gas Stock Down 3.3%
The stock has a 50 day moving average price of $0.88 and a two-hundred day moving average price of $0.87.
About Hong Kong & China Gas
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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