China Resources Power Holdings Company Limited (OTCMKTS:CRPJY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $34.27 and traded as high as $38.20. China Resources Power shares last traded at $38.20, with a volume of 238 shares traded.
Analysts Set New Price Targets
Separately, HSBC upgraded China Resources Power to a "buy" rating in a research report on Thursday, March 20th.
Check Out Our Latest Report on CRPJY
China Resources Power Price Performance
The stock has a fifty day moving average price of $34.45 and a 200 day moving average price of $34.18.
China Resources Power Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, August 7th. Investors of record on Friday, June 13th will be paid a dividend of $1.2519 per share. This is a positive change from China Resources Power's previous dividend of $0.81. This represents a dividend yield of 5.98%. The ex-dividend date is Thursday, June 12th.
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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