China Resources Power Holdings Co. (OTCMKTS:CRPJY) Short Interest Down 16.1% in March

China Resources Power Holdings Co. (OTCMKTS:CRPJY) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 270 shares, a decline of 16.1% from the March 15th total of 322 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 164 shares, the days-to-cover ratio is currently 1.6 days.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Zacks Research upgraded China Resources Power from a “strong sell” rating to a “hold” rating in a report on Thursday, April 2nd. Jefferies Financial Group cut China Resources Power from a “strong-buy” rating to a “strong sell” rating in a report on Sunday, April 5th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

China Resources Power Price Performance

Shares of OTCMKTS CRPJY opened at $35.39 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.47 and a current ratio of 0.52. The stock’s fifty day simple moving average is $35.64 and its 200 day simple moving average is $35.89. China Resources Power has a 52-week low of $33.45 and a 52-week high of $38.20.

China Resources Power Company Profile

China Resources Power Holdings Company Limited (OTCMKTS: CRPJY) is a leading integrated energy company in the People’s Republic of China. A subsidiary of China Resources (Holdings) Company Limited, the company is primarily engaged in the development, construction and operation of power generation facilities. Its core business activities include generating and selling electricity and steam to industrial, commercial and residential customers.

The company’s generation portfolio encompasses a diverse mix of thermal, gas, hydro, wind and solar power assets.