Huaneng Power International, Inc. (OTCMKTS:HUNGF – Get Free Report) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $0.74 and traded as high as $0.7668. Huaneng Power International shares last traded at $0.7668, with a volume of 2,000 shares traded.
Huaneng Power International Trading Up 6.8%
The firm’s fifty day moving average price is $0.74 and its 200-day moving average price is $0.78.
Huaneng Power International Company Profile
Huaneng Power International, Inc is a China-based electric power producer engaged in the development, construction, operation and management of power generation facilities. The company sells electricity generated by its plants to regional power grids and serves industrial, commercial and residential customers through those grid networks.
The company’s generation portfolio has historically been centered on coal-fired and other thermal power plants, while also expanding into wind, solar, hydroelectric and other lower-carbon energy projects.
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