Zacks Research lowered shares of China Resources Power (OTCMKTS:CRPJY – Free Report) from a hold rating to a strong sell rating in a report issued on Wednesday morning,Zacks.com reports.
China Resources Power Stock Performance
Shares of OTCMKTS CRPJY opened at $35.45 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.53 and a current ratio of 0.58. The business has a 50-day moving average of $36.14 and a 200-day moving average of $36.52. China Resources Power has a fifty-two week low of $31.15 and a fifty-two week high of $38.20.
About China Resources Power
China Resources Power Holdings Company Limited (OTCMKTS: CRPJY) is a leading integrated energy company in the People’s Republic of China. A subsidiary of China Resources (Holdings) Company Limited, the company is primarily engaged in the development, construction and operation of power generation facilities. Its core business activities include generating and selling electricity and steam to industrial, commercial and residential customers.
The company’s generation portfolio encompasses a diverse mix of thermal, gas, hydro, wind and solar power assets.
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