China Longyuan Power Group (OTCMKTS:CLPXY) Upgraded at Zacks Research

Zacks Research upgraded shares of China Longyuan Power Group (OTCMKTS:CLPXY) to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

China Longyuan Power Group Stock Performance

Shares of CLPXY opened at C$7.75 on Wednesday. China Longyuan Power Group has a 52 week low of C$7.55 and a 52 week high of C$11.35. The stock’s 50-day moving average price is C$9.32 and its 200-day moving average price is C$9.24.

About China Longyuan Power Group

China Longyuan Power Group Co, Ltd. (OTCMKTS: CLPXY) is one of China’s leading renewable energy companies, specializing in the development, construction and operation of wind power projects. As a subsidiary of the state-owned China Energy Investment Corporation, the company focuses on harnessing wind resources to generate electricity and deliver clean energy solutions to China’s power grid. Through integrated project management, Longyuan Power oversees site selection, turbine procurement, installation and long-term maintenance of its wind farms.

The company’s core business activities include onshore wind farm development, engineering procurement and construction (EPC) contracting, asset management and ongoing operations and maintenance services.