CLP (OTCMKTS:CLPHY) Shares Gap Down – Time to Sell?

CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $8.86, but opened at $8.42. CLP shares last traded at $8.74, with a volume of 1,070 shares changing hands.

CLP Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 0.67 and a quick ratio of 0.54. The business has a 50 day moving average price of $8.59 and a two-hundred day moving average price of $8.48.

CLP Company Profile

(Get Free Report)

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.

See Also

• Five stocks we like better than CLP
• The Significance of Brokerage Rankings in Stock Selection
• The AI Boom Is Powering an Unexpected Stock Surge—And These 3 Companies Are Winning Big
• What Investors Need to Know About Upcoming IPOs
• The Bulls Are Back—Why Qualcomm Stock Is Gaining Strength Again
• Following Congress Stock Trades
• Netflix Goes All In: The $70B Play to End the Streaming Wars