Hong Kong and China Gas (OTCMKTS:HOKCY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.76 and traded as high as $0.77. Hong Kong and China Gas shares last traded at $0.73, with a volume of 3,499 shares.

Hong Kong and China Gas Trading Down 3.5 %

The company has a 50-day moving average price of $0.76 and a two-hundred day moving average price of $0.75.

Hong Kong and China Gas Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 18th. Stockholders of record on Thursday, August 29th were paid a $0.0123 dividend. The ex-dividend date was Thursday, August 29th.

About Hong Kong and China Gas

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.