China Sunergy Co Ltd (OTCMKTS:CSUNY – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.02 and traded as high as $0.0278. China Sunergy shares last traded at $0.0162, with a volume of 7,100 shares changing hands.
China Sunergy Stock Down 10.0%
The business’s 50-day moving average price is $0.02 and its 200-day moving average price is $0.02.
China Sunergy Company Profile
China Sunergy Co, Ltd. was a Chinese solar-energy company focused on the manufacture and sale of photovoltaic products. Its principal activities included producing crystalline silicon solar cells and solar modules used in utility-scale, commercial, and residential solar-power systems.
The company also participated in downstream solar activities, including the development and construction of photovoltaic power projects and related engineering, procurement, and construction services. Its operations and customer base historically included China and international markets, particularly Europe and North America.
China Sunergy was founded in 2004 and became publicly traded in the United States through American depositary shares.
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