Hong Kong and China Gas (OTCMKTS:HOKCY) Stock Crosses Below Fifty Day Moving Average of $0.72

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.72 and traded as low as $0.72. Hong Kong and China Gas shares last traded at $0.72, with a volume of 99,144 shares traded.

Hong Kong and China Gas Price Performance

The stock has a 50 day moving average of $0.72 and a 200 day moving average of $0.69. The company has a quick ratio of 0.60, a current ratio of 0.66 and a debt-to-equity ratio of 0.57.

Hedge Funds Weigh In On Hong Kong and China Gas

A hedge fund recently bought a new stake in Hong Kong and China Gas stock. OLD Mission Capital LLC bought a new stake in The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,302,797 shares of the company’s stock, valued at approximately $1,146,000.

About Hong Kong and China Gas

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.