Chubu Electric Power (OTCMKTS:CHUEF) Stock Price Up 1.7% – Time to Buy?

Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEFGet Free Report) shares rose 1.7% on Monday . The stock traded as high as $15.00 and last traded at $15.00. Approximately 100 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 3,866 shares. The stock had previously closed at $14.7550.

Chubu Electric Power Trading Up 1.7%

The firm’s fifty day moving average is $14.44 and its 200-day moving average is $13.59.

About Chubu Electric Power

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Chubu Electric Power Co, Ltd. is a major Japanese electric utility company headquartered in Nagoya, Aichi Prefecture. Established in 1951, the company serves the central Japan regions of Chubu, including Aichi, Gifu, Shizuoka and parts of Mie Prefecture. Through its extensive power grid, Chubu Electric Power is responsible for generating, transmitting and distributing electricity to residential, commercial and industrial customers, supporting one of the country’s most densely populated and industrialized areas.

The company’s power generation portfolio spans thermal, hydroelectric, nuclear and renewable energy sources.

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