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China Resources Power (OTCMKTS:CRPJY) Stock Crosses Above 50-Day Moving Average - Should You Sell?

China Resources Power logo with Utilities background

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report)'s stock price 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 traded.

Wall Street Analysts Forecast Growth

Separately, HSBC upgraded shares of China Resources Power to a "buy" rating in a research note on Thursday, March 20th.

Check Out Our Latest Stock Report on China Resources Power

China Resources Power Stock Performance

The stock's 50-day moving average is $33.45 and its 200-day moving average is $35.35.

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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