Chubu Electric Power (OTCMKTS:CHUEF) Stock Price Down 3.3% – Here’s Why

Shares of Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEF – Get Free Report) traded down 3.3% during mid-day trading on Monday. The stock traded as low as $16.8725 and last traded at $16.8725. 200 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 1,633 shares. The stock had previously closed at $17.45.

Chubu Electric Power Trading Up 1.3%

The company has a 50 day moving average of $16.91 and a 200-day moving average of $16.87.

About Chubu Electric Power

(Get Free Report)

Chubu Electric Power Co, Inc is a Japanese integrated energy company headquartered in Nagoya, Aichi Prefecture. Established in 1951, the company supplies electricity and provides energy-related services primarily across Japan’s Chubu region, including Aichi, Gifu, Mie, and Shizuoka prefectures.

Through its group companies, Chubu Electric Power is involved in electricity generation, transmission and distribution, retail electricity sales, and gas-related services. Its generation portfolio includes thermal, hydroelectric, renewable energy, and nuclear assets.

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