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

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $35.05 and traded as low as $33.00. China Resources Power shares last traded at $33.00, with a volume of 157 shares changing hands.

China Resources Power Price Performance

The business’s fifty day moving average price is $35.05 and its two-hundred day moving average price is $38.46.

China Resources Power Company Profile

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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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