CLP (CLPHY) Lifted to “Buy” at ValuEngine

ValuEngine upgraded shares of CLP (OTCMKTS:CLPHY) from a hold rating to a buy rating in a report issued on Friday.

Separately, Zacks Investment Research upgraded shares of CLP from a sell rating to a hold rating in a research report on Wednesday, August 30th.

Shares of CLP (CLPHY) opened at $10.20 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.84 and a quick ratio of 0.74. CLP has a 1 year low of $9.05 and a 1 year high of $11.00.

The firm also recently announced a None dividend, which will be paid on Friday, December 22nd. Investors of record on Monday, December 4th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, December 1st.

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About CLP

CLP Holdings Limited is an investment holding company. The principal activities of the Company’s subsidiaries are the generation and supply of electricity in Hong Kong, India and Australia, and investment holding of power projects in Mainland China, Southeast Asia and Taiwan. The Company is an operator in the energy sector of the Asia-Pacific region.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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