CLP (OTCMKTS:CLPHY) Shares Gap Down – Here’s What Happened

CLP Holdings Ltd. (OTCMKTS:CLPHYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $8.82, but opened at $8.46. CLP shares last traded at $8.46, with a volume of 343 shares.

CLP Stock Up 0.4%

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 moving average is $8.52 and its two-hundred day moving average is $8.46.

CLP Cuts Dividend

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

About CLP

(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.

Further Reading

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