Kansai Electric Power (OTCMKTS:KAEPY) Shares Down 8%

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPYGet Free Report) traded down 8% during trading on Friday . The company traded as low as $8.11 and last traded at $8.11. 4,883 shares changed hands during trading, a decline of 67% from the average session volume of 14,861 shares. The stock had previously closed at $8.82.

Kansai Electric Power Stock Performance

The stock has a 50-day simple moving average of $8.64 and a 200 day simple moving average of $7.43.

About Kansai Electric Power

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The Kansai Electric Power Company, Incorporated engages in electricity, gas and heat supply, and telecommunication businesses in Japan. It operates through four segments: Energy Business, Power Transmission and Distribution Business, Information and Communication Business, and Life and Business Solution Business.

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