Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $6.43, but opened at $6.7050. Power Assets shares last traded at $6.7050, with a volume of 2,246 shares.
Power Assets Stock Up 1.1%
The company’s 50 day moving average is $6.42 and its 200 day moving average is $6.49.
Power Assets Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 12th were given a dividend of $0.0796 per share. This represents a yield of 474.0%. The ex-dividend date was Thursday, September 11th.
About Power Assets
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.
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