China Gas (OTCMKTS:CGHLY) Shares Up 0.3% – Should You Buy?

China Gas Holdings Limited (OTCMKTS:CGHLY)’s stock price shot up 0.3% during trading on Wednesday . The stock traded as high as $20.44 and last traded at $20.44. 503 shares traded hands during trading, an increase of 41% from the average session volume of 358 shares. The stock had previously closed at $20.37.

China Gas Price Performance

The stock’s 50-day moving average is $21.35 and its two-hundred day moving average is $21.90.

China Gas Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 5th. Investors of record on Tuesday, January 7th will be paid a dividend of $0.4823 per share. The ex-dividend date is Tuesday, January 7th.

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 pipelines, 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.