China Gas Holdings Limited (OTCMKTS:CGHLY – Get Rating) shares traded up 1.1% during trading on Monday . The company traded as high as $33.65 and last traded at $33.65. 242 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 525 shares. The stock had previously closed at $33.29.
Wall Street Analyst Weigh In
Separately, HSBC upgraded shares of China Gas from a “hold” rating to a “buy” rating in a research note on Thursday, February 23rd.
China Gas Price Performance
The firm has a 50-day simple moving average of $35.85 and a 200-day simple moving average of $32.62.
China Gas Company Profile
China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipeline infrastructure facilities, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.
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