Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05, Zacks reports. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.01 billion.
Hong Kong Exchanges and Clearing Price Performance
Shares of OTCMKTS HKXCY opened at $53.42 on Friday. Hong Kong Exchanges and Clearing has a 12 month low of $45.74 and a 12 month high of $59.49. The stock has a 50-day moving average price of $49.94 and a two-hundred day moving average price of $51.36.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Hong Kong Exchanges and Clearing to a “hold” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Hong Kong Exchanges and Clearing presently has an average rating of “Hold”.
About Hong Kong Exchanges and Clearing
Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.
In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.
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