China Resources Power (OTCMKTS:CRPJY) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Shares of China Resources Power Holdings Co. (OTCMKTS:CRPJYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $36.28 and traded as low as $35.45. China Resources Power shares last traded at $35.45, with a volume of 105 shares.

China Resources Power Stock Performance

The firm’s fifty day moving average is $36.28 and its 200-day moving average is $36.64. The company has a current ratio of 0.58, a quick ratio of 0.53 and a debt-to-equity ratio of 1.07.

About China Resources Power

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China Resources Power Holdings Company Limited (OTCMKTS: CRPJY) is a leading integrated energy company in the People’s Republic of China. A subsidiary of China Resources (Holdings) Company Limited, the company is primarily engaged in the development, construction and operation of power generation facilities. Its core business activities include generating and selling electricity and steam to industrial, commercial and residential customers.

The company’s generation portfolio encompasses a diverse mix of thermal, gas, hydro, wind and solar power assets.

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