CLP (OTCMKTS:CLPHY) Stock Price Up 1% – Time to Buy?

CLP Holdings Ltd. (OTCMKTS:CLPHYGet Free Report) shares rose 1% during trading on Tuesday . The stock traded as high as $9.90 and last traded at $9.89. Approximately 90,434 shares were traded during trading, a decline of 25% from the average session volume of 120,647 shares. The stock had previously closed at $9.79.

CLP Stock Down 0.5%

The company has a current ratio of 0.59, a quick ratio of 0.48 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average price of $9.61 and a two-hundred day moving average price of $9.54.

CLP Company Profile

(Get Free Report)

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.

Further Reading

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