Shares of CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $9.90, but opened at $9.49. CLP shares last traded at $9.5750, with a volume of 586 shares.
CLP Stock Performance
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 firm has a 50-day moving average price of $10.00 and a 200 day moving average price of $9.72.
About CLP
CLP Holdings Limited is an energy utility company headquartered in Hong Kong. Through its principal subsidiary, CLP Power Hong Kong Limited, the company generates, transmits and distributes electricity to customers in Hong Kong, serving residential, commercial and industrial users.
Founded in 1901 as China Light & Power Company, CLP has developed into an Asia-Pacific energy group. Its activities include power generation, electricity transmission and distribution, energy retailing and related services, with operations and investments across Hong Kong, mainland China, Australia, India, Taiwan and other markets in the region.
The company’s generation portfolio includes a range of conventional and renewable energy assets, including gas-fired, coal-fired, nuclear, wind and solar facilities.
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