Power Assets (OTCMKTS:HGKGY) Sees Large Volume Increase – Here’s What Happened

Power Assets Holdings Ltd. (OTCMKTS:HGKGYGet Free Report) saw strong trading volume on Monday . 2,203 shares were traded during mid-day trading, an increase of 48% from the previous session’s volume of 1,493 shares.The stock last traded at $7.60 and had previously closed at $7.4815.

Power Assets Stock Performance

The business’s fifty day moving average price is $6.94 and its 200-day moving average price is $6.63.

Power Assets Company Profile

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Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.

Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.

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