China Resources Power (OTCMKTS:CRPJY) Trading Down 2.2% – Here’s Why

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report) shares were down 2.2% on Tuesday . The company traded as low as $40.10 and last traded at $40.10. Approximately 102 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 393 shares. The stock had previously closed at $41.00.

China Resources Power Price Performance

The firm’s fifty day simple moving average is $41.01 and its 200-day simple moving average is $39.19.

China Resources Power Cuts Dividend

The business also recently declared 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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