CLP (OTCMKTS:CLPHY) Trading Up 0.6% – Should You Buy?

CLP Holdings Limited (OTCMKTS:CLPHYGet Free Report) was up 0.6% during mid-day trading on Thursday . The stock traded as high as $8.28 and last traded at $8.26. Approximately 118,958 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 108,306 shares. The stock had previously closed at $8.21.

CLP Stock Performance

The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56. The firm’s 50 day moving average price is $8.32 and its 200-day moving average price is $8.59.

CLP Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 3rd were issued a dividend of $0.073 per share. The ex-dividend date was Tuesday, December 3rd. This is a positive change from CLP’s previous dividend of $0.07.

CLP Company Profile

(Get Free Report)

CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.

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