China Resources Power (OTCMKTS:CRPJY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $36.17 and traded as low as $33.85. China Resources Power shares last traded at $33.85, with a volume of 292 shares trading hands.

China Resources Power Trading Up 1.6 %

The company’s 50 day moving average is $36.06 and its 200-day moving average is $39.47.

About China Resources Power

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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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