China Resources Power (OTCMKTS:CRPJY) Cut to “Strong Sell” at Zacks Research

China Resources Power (OTCMKTS:CRPJYGet Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

China Resources Power Price Performance

Shares of CRPJY stock opened at $35.45 on Wednesday. China Resources Power has a 1-year low of $31.15 and a 1-year high of $38.20. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 1.07. The stock has a 50 day simple moving average of $36.14 and a 200-day simple moving average of $36.52.

China Resources Power Company Profile

(Get Free Report)

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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