Shares of Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) dropped 7.7% during mid-day trading on Wednesday. The company traded as low as $0.8087 and last traded at $0.8087. 1,295 shares were traded during mid-day trading, a decline of 91% from the average session volume of 14,282 shares. The stock had previously closed at $0.8764.
Analysts Set New Price Targets
Separately, Zacks Research raised shares of Hong Kong & China Gas to a “hold” rating in a research report on Friday, August 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Hong Kong & China Gas currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on HOKCY
Hong Kong & China Gas Price Performance
Hong Kong & China Gas Company Profile
Hong Kong & China Gas Company Limited, commonly known as Towngas, is a Hong Kong-based energy utility and infrastructure company. Founded in 1862, it is one of Hong Kong’s longest-established public utilities and supplies piped gas to residential, commercial and industrial customers across the city.
The company develops and operates gas production, transmission and distribution infrastructure and provides related services, including gas appliance sales, installation and maintenance.
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