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China Resources Power (OTCMKTS:CRPJY) Shares Pass Below 50-Day Moving Average - Time to Sell?

China Resources Power logo with Utilities background

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report) shares crossed 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 traded.

China Resources Power Price Performance

The stock's 50 day moving average is $34.99 and its two-hundred day moving average is $38.40.

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.

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