Power Assets (OTCMKTS:HGKGY) Shares Gap Up – Should You Buy?

Power Assets Holdings Ltd. (OTCMKTS:HGKGYGet Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $6.43, but opened at $6.7050. Power Assets shares last traded at $6.7050, with a volume of 2,246 shares.

Power Assets Price Performance

The firm has a fifty day moving average of $6.42 and a 200-day moving average of $6.49.

Power Assets Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 12th were issued a $0.0796 dividend. This represents a dividend yield of 474.0%. The ex-dividend date of this dividend was Thursday, September 11th.

About Power Assets

(Get Free Report)

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.

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