Power Assets (OTCMKTS:HGKGY) Trading 1.3% Higher

Power Assets Holdings Limited (OTCMKTS:HGKGYGet Free Report) shares traded up 1.3% on Monday . The company traded as high as $5.03 and last traded at $4.79. 8,348 shares were traded during mid-day trading, an increase of 59% from the average session volume of 5,261 shares. The stock had previously closed at $4.73.

Power Assets Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.70 and a quick ratio of 1.70. The business’s fifty day simple moving average is $5.02 and its two-hundred day simple moving average is $5.29.

Power Assets Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Friday, September 1st will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, August 31st.

Power Assets Company Profile

(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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