CLP (OTCMKTS:CLPHY) Trading 0.6% Higher – Here’s Why

Shares of CLP Holdings Limited (OTCMKTS:CLPHY) rose 0.6% during trading on Thursday . The company traded as high as $8.28 and last traded at $8.26. Approximately 118,958 shares changed hands during trading, an increase of 10% from the average daily volume of 108,306 shares. The stock had previously closed at $8.21.

CLP Trading Up 0.6 %

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

CLP Increases Dividend

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

About CLP

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.