Power Assets (OTCMKTS:HGKGY) Trading Down 1.2% – Time to Sell?

Power Assets Holdings Limited (OTCMKTS:HGKGYGet Free Report) shares dropped 1.2% on Thursday . The company traded as low as $6.55 and last traded at $6.60. Approximately 2,971 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 3,494 shares. The stock had previously closed at $6.68.

Power Assets Price Performance

The business has a 50-day moving average price of $6.51 and a 200 day moving average price of $6.29.

About Power Assets

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Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.

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