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

China Resources Power Holdings Company Limited (OTCMKTS:CRPJYGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $33.41 and traded as high as $33.45. China Resources Power shares last traded at $33.45, with a volume of 103 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, HSBC raised China Resources Power to a “buy” rating in a research report on Thursday, March 20th.

Read Our Latest Stock Report on CRPJY

China Resources Power Trading Down 1.2 %

The stock has a fifty day moving average price of $33.41 and a 200-day moving average price of $35.55.

About China Resources Power

(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.

Featured Stories

Receive News & Ratings for China Resources Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Resources Power and related companies with MarketBeat.com's FREE daily email newsletter.