CLP (OTCMKTS:CLPHY) Shares Gap Down – Here’s What Happened

CLP Holdings Ltd. (OTCMKTS:CLPHYGet Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $8.90, but opened at $8.50. CLP shares last traded at $8.50, with a volume of 36,739 shares.

CLP Trading Up 0.1%

The company’s fifty day moving average is $8.72 and its two-hundred day moving average is $8.50. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 0.45.

About CLP

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CLP Holdings Limited (OTCMKTS: CLPHY) is an investor‑owned electric utility headquartered in Hong Kong. The company’s core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP’s generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development.

Founded in the early 20th century as China Light & Power, CLP has developed into one of the region’s long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.

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