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

CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $9.89, but opened at $9.39. CLP shares last traded at $9.7350, with a volume of 355 shares traded.

CLP Trading Down 1.2%

The company has a 50 day simple moving average of $9.95 and a two-hundred day simple moving average of $9.76. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.55 and a current ratio of 0.66.

CLP Company Profile

(Get Free Report)

CLP Holdings Limited, traded in the United States under the symbol CLPHY, is an investor-owned utility headquartered in Hong Kong. Through its principal subsidiary, CLP Power Hong Kong, the company generates, transmits, distributes and supplies electricity to customers across Kowloon, the New Territories, Lantau and several outlying islands.

CLP Holdings operates an integrated power business that includes conventional and renewable generation, electricity transmission and distribution, retail supply, and energy-related services.

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