Hong Kong and China Gas (OTCMKTS:HOKCY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY – Get Free Report)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.74 and traded as high as $0.80. Hong Kong and China Gas shares last traded at $0.80, with a volume of 45,797 shares changing hands.

Hong Kong and China Gas Stock Performance

The stock’s 50 day simple moving average is $0.75 and its 200 day simple moving average is $0.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.59 and a quick ratio of 0.52.

About Hong Kong and China Gas

(Get Free Report)

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.

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