China Longyuan Power Group (OTCMKTS:CLPXY) Trading Up 3.7% – Still a Buy?

China Longyuan Power Group Co. Limited (OTCMKTS:CLPXYGet Free Report)’s stock price shot up 3.7% during mid-day trading on Wednesday . The company traded as high as C$8.40 and last traded at C$8.40. 260 shares were traded during mid-day trading, a decline of 99% from the average session volume of 17,583 shares. The stock had previously closed at C$8.10.

China Longyuan Power Group Price Performance

The stock has a fifty day simple moving average of C$8.55 and a 200-day simple moving average of C$8.70.

About China Longyuan Power Group

(Get Free Report)

China Longyuan Power Group Corporation Limited generates and sells wind and coal power in the People’s Republic of China and internationally. It operates through two segments: Wind Power and Coal Power. The company designs, develops, constructs, manages, and operates wind and coal power plants. It also operates other power projects, such as photovoltaic, tidal, biomass, and geothermal.

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