Hong Kong & China Gas (OTCMKTS:HOKCY) Stock Price Down 6.6% – What’s Next?

Posted by Kim Johansen on Jun 22nd, 2025

Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Get Free Report) shares dropped 6.6% on Friday . The stock traded as low as $0.75 and last traded at $0.75. Approximately 5,136 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 26,970 shares. The stock had previously closed at $0.81.

Hong Kong & China Gas Price Performance

The business’s 50-day moving average price is $0.86 and its 200 day moving average price is $0.78. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.67 and a quick ratio of 0.60.

Hong Kong & China Gas Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 9th will be given a dividend of $0.0237 per share. The ex-dividend date of this dividend is Friday, June 6th. This is a positive change from Hong Kong & China Gas’s previous dividend of $0.01. This represents a yield of 4.8%.

Institutional Investors Weigh In On Hong Kong & China Gas

An institutional investor recently raised its position in Hong Kong & China Gas stock. Rhumbline Advisers lifted its holdings in Hong Kong & China Gas Co. (OTCMKTS:HOKCY – Free Report) by 26.9% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 131,441 shares of the company’s stock after acquiring an additional 27,860 shares during the quarter. Rhumbline Advisers’ holdings in Hong Kong & China Gas were worth $107,000 at the end of the most recent quarter.

Hong Kong & China Gas Company Profile

(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.