China Resources Power (OTCMKTS:CRPJY) Shares Up 8.7% – Here’s Why

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report)’s share price rose 8.7% during mid-day trading on Thursday . The company traded as high as $34.50 and last traded at $33.85. Approximately 128,900 shares changed hands during mid-day trading, an increase of 35,706% from the average daily volume of 360 shares. The stock had previously closed at $31.15.

China Resources Power Stock Performance

The stock’s 50 day simple moving average is $33.30 and its two-hundred day simple moving average is $36.86.

About China Resources Power

(Get Free Report)

China Resources Power Holdings Company Limited, an investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People's Republic of China. The company operates in two segments, Thermal Power and Renewable Energy. It operates and manages coal- and gas-fired power plants, wind farms, photovoltaic power plants, hydro-electric power plants, and other clean and renewable energy projects.

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