China Resources Power (OTCMKTS:CRPJY) Reaches New 52-Week High at $34.13

China Resources Power Holdings Company Limited (OTCMKTS:CRPJY)’s share price hit a new 52-week high on Monday . The stock traded as high as $34.13 and last traded at $34.13, with a volume of 0 shares traded. The stock had previously closed at $32.88.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut shares of China Resources Power from an “overweight” rating to a “neutral” rating in a research note on Wednesday, August 30th.

China Resources Power Stock Up 3.8 %

The business’s fifty day moving average price is $33.81 and its two-hundred day moving average price is $33.17.

China Resources Power Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 20th. Stockholders of record on Wednesday, September 6th will be given a $0.5778 dividend. The ex-dividend date is Tuesday, September 5th.

About China Resources Power

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.