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China Resources Power (OTCMKTS:CRPJY) Stock Price Crosses Below 50-Day Moving Average - What's Next?

China Resources Power logo with Utilities background

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report)'s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $40.42 and traded as low as $34.60. China Resources Power shares last traded at $36.01, with a volume of 586 shares.

China Resources Power Stock Performance

The business's 50 day simple moving average is $40.32 and its 200-day simple moving average is $39.36.

China Resources Power Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Wednesday, September 11th will be issued a $0.8053 dividend. The ex-dividend date of this dividend 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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