Huaneng Power International Inc. (NYSE:HNP) traded down 2.1% during mid-day trading on Thursday . The company traded as low as $25.36 and last traded at $25.43, with a volume of 59,155 shares. The stock had previously closed at $25.98.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Huaneng Power International from a “hold” rating to a “strong sell” rating in a report on Friday, April 29th. Macquarie lowered shares of Huaneng Power International from an “outperform” rating to a “neutral” rating in a report on Tuesday, May 31st. Finally, Morgan Stanley lowered shares of Huaneng Power International from an “overweight” rating to an “equal weight” rating in a report on Monday, July 25th. Three investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $36.00.

The firm has a market cap of $9.60 billion and a P/E ratio of 5.69. The stock has a 50 day moving average price of $24.32 and a 200-day moving average price of $29.10.

A hedge fund recently raised its stake in Huaneng Power International stock. Dimensional Fund Advisors LP boosted its position in shares of Huaneng Power International Inc. (NYSE:HNP) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 162,942 shares of the company’s stock after buying an additional 921 shares during the period. Dimensional Fund Advisors LP’s holdings in Huaneng Power International were worth $5,588,000 at the end of the most recent reporting period.

Huaneng Power International, Inc (Huaneng Power) is an independent power producer. The Company and its subsidiaries are engaged in the generation and sale of electric power to the respective regional or provincial grid companies in the People’s Republic of China (PRC) and in the Republic of Singapore (Singapore).

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