Kansai Electric Power (OTCMKTS:KAEPY) Shares Up 1.6% – Still a Buy?

Shares of The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPYGet Free Report) traded up 1.6% during mid-day trading on Wednesday . The company traded as high as $8.4750 and last traded at $8.42. 958 shares changed hands during trading, a decline of 48% from the average session volume of 1,827 shares. The stock had previously closed at $8.29.

Kansai Electric Power Stock Up 1.6%

The firm has a fifty day moving average of $7.98 and a 200-day moving average of $7.60.

Kansai Electric Power Company Profile

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Kansai Electric Power Co, Inc, commonly known as Kansai Electric Power, is a major Japanese electric utility company primarily engaged in the generation, transmission and distribution of electricity. The company serves the Kansai region of Japan, including prefectures such as Osaka, Kyoto, Hyogo and Nara, supplying power to residential, commercial and industrial customers. Through its integrated network, Kansai Electric Power manages the flow of electricity from generation facilities to end users and provides grid-related services to maintain reliable supply across urban centers and surrounding areas.

The company operates a diversified fleet of power plants, encompassing nuclear, thermal, hydroelectric and renewable energy installations.

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