CLP (OTCMKTS:CLPHY) Sees Unusually-High Trading Volume - Here's What Happened

CLP Holdings Ltd. (OTCMKTS:CLPHY - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 100,653 shares changed hands during trading, an increase of 9% from the previous session's volume of 91,976 shares.The stock last traded at $9.06 and had previously closed at $9.18.CLP Price PerformanceThe company has a debt-to-equity ratio of 0.45, a quick ratio of 0.54 and a current ratio of 0.67. The stock's 50 day simple moving average is $8.78 and its 200 day simple moving average is $8.53. About CLP (Get Free Report)CLP Holdings Limited OTCMKTS: CLPHY is an investor‑owned electric utility headquartered in Hong Kong. The company's core activities include the generation, transmission and distribution of electricity as well as the retailing of energy to residential, commercial and industrial customers. CLP's generation portfolio is diversified across conventional and low‑carbon technologies, and the company supplements its core utility operations with energy services such as demand management, distributed energy solutions and infrastructure development. Founded in the early 20th century as China Light & Power, CLP has developed into one of the region's long‑standing power companies and conducts operations and investments across the Asia‑Pacific region.Further ReadingFive stocks we like better than CLPDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffHow Long Will $1M Last in Retirement?[No Brainer Gold Play]: “Show me a better investment.”Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in CLP Right Now?Before you consider CLP, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CLP wasn't on the list.While CLP currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here