China Resources Power (OTCMKTS:CRPJY) Share Price Passes Below 50 Day Moving Average – Should You Sell?

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $40.42 and traded as low as $34.60. China Resources Power shares last traded at $36.01, with a volume of 586 shares.

China Resources Power Stock Performance

The business’s fifty day moving average price is $40.42 and its 200 day moving average price is $39.36.

China Resources Power Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Shareholders of record on Wednesday, September 11th will be issued a dividend of $0.8053 per share. The ex-dividend date is Wednesday, September 11th.

China Resources Power Company Profile

(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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