Short Interest in Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY) Grows By 2,887.2%

by · The Cerbat Gem

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 2,330 shares, a growth of 2,887.2% from the May 14th total of 78 shares. Based on an average daily volume of 59,328 shares, the days-to-cover ratio is presently 0.0 days.

Tokyo Gas Co.,Ltd. Stock Down 3.7%

OTCMKTS:TKGSY traded down $0.74 during trading hours on Wednesday, hitting $19.16. The stock had a trading volume of 435 shares, compared to its average volume of 6,421. The company has a 50 day simple moving average of $20.96 and a two-hundred day simple moving average of $21.43. Tokyo Gas Co.,Ltd. has a one year low of $15.38 and a one year high of $25.42.

Tokyo Gas Co.,Ltd. (OTCMKTS:TKGSY – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $5.07 billion during the quarter.

Tokyo Gas Co.,Ltd. Company Profile

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Tokyo Gas Co, Ltd. is Japan’s largest city gas utility, providing a comprehensive range of energy solutions to residential, commercial and industrial customers. The company’s core business revolves around the procurement, production, transportation and distribution of natural gas. In addition to city gas supply, Tokyo Gas offers liquefied natural gas (LNG) trading, engineering services for gas infrastructure, and the sale and installation of gas appliances.

Beyond traditional city gas services, Tokyo Gas has expanded into power generation, district cooling and heating systems, and energy-related software solutions.

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