CLP (OTCMKTS:CLPHY) Shares Gap Up – Here’s Why

CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) shares gapped up prior to trading on Thursday. The stock had previously closed at $10.33, but opened at $10.68. CLP shares last traded at $10.27, with a volume of 31,501 shares traded.

CLP Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.55 and a debt-to-equity ratio of 0.43. The business has a 50-day simple moving average of $9.90 and a 200-day simple moving average of $9.75.

About CLP

(Get Free Report)

CLP Holdings Limited, formerly known as China Light & Power, is an energy company headquartered in Hong Kong. Founded in 1901, it has grown from a local electricity provider into an investor and operator of energy businesses across the Asia-Pacific region. In Hong Kong, CLP supplies electricity through its subsidiary CLP Power Hong Kong. Its activities include generating, transmitting, distributing and retailing electricity, produced from sources that include natural gas, nuclear power, coal and renewables.

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