Huaneng Power International (OTCMKTS:HUNGF) Trading Down 5.8% – Time to Sell?

Huaneng Power International, Inc. (OTCMKTS:HUNGFGet Free Report) fell 5.8% during mid-day trading on Friday . The stock traded as low as $0.6978 and last traded at $0.6978. 4,000 shares were traded during trading, a decline of 49% from the average session volume of 7,850 shares. The stock had previously closed at $0.7405.

Huaneng Power International Price Performance

The firm has a 50-day moving average of $0.78 and a 200 day moving average of $0.73.

About Huaneng Power International

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Huaneng Power International, Inc is a China-based power generation company and a core subsidiary of China Huaneng Group. The company is primarily engaged in the generation and sale of electricity and related products through a diverse portfolio that includes coal-fired, natural gas, hydro, wind and solar power plants. It supplies electricity to regional grid companies and serves industrial, commercial and residential customers across multiple provinces in the People’s Republic of China.

Huaneng Power International operates a broad mix of conventional and renewable energy assets.

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