CLP (OTCMKTS:CLPHY) Hits New 1-Year High – Here’s Why

by · The Cerbat Gem

CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $9.15 and last traded at $8.6850, with a volume of 2069 shares traded. The stock had previously closed at $8.89.

CLP Stock Up 1.8%

The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.54 and a current ratio of 0.67. The business’s 50 day simple moving average is $8.55 and its two-hundred day simple moving average is $8.47.

CLP Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 22nd. Investors of record on Thursday, September 4th were given a dividend of $0.0723 per share. This represents a yield of 438.0%. The ex-dividend date was Wednesday, September 3rd.

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.

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