Kyushu Electric Power (OTCMKTS:KYSEY – Get Free Report) posted its earnings results on Friday. The company reported $0.79 earnings per share (EPS) for the quarter, Zacks reports.
Kyushu Electric Power Stock Down 6.0%
Kyushu Electric Power stock traded down $0.72 during mid-day trading on Friday, reaching $11.19. The company’s stock had a trading volume of 665 shares, compared to its average volume of 3,968. Kyushu Electric Power has a 12 month low of $9.10 and a 12 month high of $14.06. The business’s 50 day simple moving average is $10.91 and its 200 day simple moving average is $11.40.
About Kyushu Electric Power
Kyushu Electric Power Company, Incorporated in June 1951, is one of Japan’s ten regional electric utilities. Headquartered in Fukuoka, the company’s core business centers on the generation, transmission and distribution of electricity across the Kyushu region, which includes Fukuoka, Nagasaki, Kumamoto, Oita, Saga, Miyazaki and Kagoshima prefectures.
On the generation side, Kyushu Electric Power maintains a diversified portfolio that includes thermal power stations fueled by coal, oil and natural gas, multiple hydroelectric facilities, and the Sendai Nuclear Power Plant in Kagoshima Prefecture—Japan’s first nuclear plant to restart under post-Fukushima safety standards.
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