CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.90 and traded as low as $9.83. CLP shares last traded at $9.91, with a volume of 54,748 shares changing hands.
CLP Stock Up 1.6%
The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.48 and a current ratio of 0.59. The stock has a 50-day simple moving average of $9.91 and a 200-day simple moving average of $9.70.
About CLP
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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