Power Assets (OTCMKTS:HGKGY) trading up 1.9%

Power Assets Holdings Limited (OTCMKTS: HGKGYGet a rating) was up 1.9% on Tuesday. The company traded as high as $6.32 and last traded at $6.32. About 1,640 shares were traded at midday, down 68% from the average daily volume of 5,111 shares. The stock previously closed at $6.20.

The company has a debt ratio of 0.04, a current ratio of 1.40 and a quick ratio of 1.40. The stock’s 50-day moving average is $6.64 and its two-hundred-day moving average is $6.41.

The company also recently announced a dividend, which was paid on Tuesday, June 14. Investors of record on Monday, May 23 received a dividend of $0.2409. This represents a return of 4.62%. The ex-dividend date was Friday, May 20.

About energy resources (OTCMKTS: HGKGY)

Power Assets Holdings Limited, an investment holding company, generates, transmits and distributes electricity in Hong Kong, the United Kingdom, Australia, mainland China and overseas. It generates energy from thermal sources, renewable energies and waste. The company also transports and distributes oil and gas; holds property and deposits; and provides advisory, investment, trust administration and management services.

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