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

Zacks Research downgraded shares of China Resources Power (OTCMKTS:CRPJYFree Report) from a hold rating to a strong sell rating in a research report report published on Wednesday,Zacks.com reports.

China Resources Power Stock Performance

Shares of OTCMKTS CRPJY 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 50 day simple moving average of $36.12 and a 200-day simple moving average of $36.51. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.53 and a current ratio of 0.58.

China Resources Power Company Profile

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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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