Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $8.5940 and last traded at $8.5940, with a volume of 722 shares. The stock had previously closed at $8.1835.
Power Assets Trading Down 0.5%
The stock has a 50 day moving average of $8.04 and a 200-day moving average of $7.40.
Power Assets Company Profile
Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.
Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.
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