Hong Kong and China Gas (OTCMKTS:HOKCY) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Posted by Tristan Rich on Jun 11th, 2025

Shares of The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY – Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.86 and traded as high as $0.95. Hong Kong and China Gas shares last traded at $0.95, with a volume of 768 shares.

Hong Kong and China Gas Stock Performance

The company has a quick ratio of 0.52, a current ratio of 0.59 and a debt-to-equity ratio of 0.56. The firm’s 50 day simple moving average is $0.86 and its 200 day simple moving average is $0.78.

Hong Kong and China Gas Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 9th will be paid a $0.0237 dividend. The ex-dividend date is Friday, June 6th. This represents a yield of 4.8%. This is a boost from Hong Kong and China Gas’s previous dividend of $0.01.

Institutional Trading of Hong Kong and China Gas

A hedge fund recently raised its stake in Hong Kong and China Gas stock. Rhumbline Advisers grew its holdings in shares of The Hong Kong and China Gas Company Limited (OTCMKTS:HOKCY – Free Report) by 26.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,441 shares of the company’s stock after buying an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong and China Gas were worth $107,000 at the end of the most recent reporting period.

About Hong Kong and China Gas

(Get Free Report)

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.