Short Interest in Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Expands By ∞

Hong Kong & China Gas Co. (OTCMKTS:HOKCY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,550 shares, an increase of ∞ from the August 15th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 49,086 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Zacks Research raised 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, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Hong Kong & China Gas Price Performance

HOKCY stock opened at $0.80 on Tuesday. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 0.61. The business has a 50 day moving average of $0.85 and a 200-day moving average of $0.87. Hong Kong & China Gas has a 12-month low of $0.77 and a 12-month high of $1.01.

Hong Kong & China Gas Company Profile

Hong Kong & China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy and utility company. Established in 1862, it operates Hong Kong’s piped-gas supply network and provides natural gas and related energy services to residential, commercial and industrial customers.

The company distributes town gas and natural gas, supplies liquefied petroleum gas, and sells gas appliances and household products. Its activities also include gas engineering, infrastructure development, energy management and the development of lower-carbon and renewable energy solutions.

Beyond Hong Kong, Towngas has expanded into mainland China, where it operates city-gas and related utility businesses in numerous urban markets.