Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) shares were down 6.7% on Tuesday . The company traded as low as $7.14 and last traded at $7.14. 137 shares changed hands during trading, a decline of 94% from the average session volume of 2,449 shares. The stock had previously closed at $7.65.
Power Assets Stock Up 4.8%
The company’s fifty day simple moving average is $7.57 and its 200 day simple moving average is $7.76.
About Power Assets
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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