China Resources Power (OTCMKTS:CRPJY) Shares Gap Up – Should You Buy?

China Resources Power Holdings Co. (OTCMKTS:CRPJYGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $34.1730, but opened at $37.10. China Resources Power shares last traded at $37.10, with a volume of 300 shares trading hands.

China Resources Power Stock Performance

The stock has a 50 day moving average price of $36.03 and a two-hundred day moving average price of $36.57. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.53 and a current ratio of 0.58.

China Resources Power Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, September 12th were issued a dividend of $0.6103 per share. The ex-dividend date of this dividend was Thursday, September 11th. This represents a dividend yield of 489.0%.

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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