Power Assets (OTCMKTS:HGKGY) Reaches New 12-Month High – Time to Buy?

Power Assets Holdings Ltd. (OTCMKTS:HGKGYGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $6.99 and last traded at $6.99, with a volume of 941 shares. The stock had previously closed at $6.79.

Power Assets Trading Up 1.2%

The firm has a 50-day moving average price of $6.52 and a 200 day moving average price of $6.50.

About Power Assets

(Get Free Report)

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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