Chubu Electric Power (OTCMKTS:CHUEF) Trading Down 10.4% – Here’s Why

Shares of Chubu Electric Power Company, Incorporated (OTCMKTS:CHUEFGet Free Report) fell 10.4% during mid-day trading on Thursday . The stock traded as low as $9.50 and last traded at $9.50. 283 shares were traded during trading, a decline of 75% from the average session volume of 1,131 shares. The stock had previously closed at $10.60.

Chubu Electric Power Stock Performance

The stock has a 50-day moving average price of $10.19 and a 200 day moving average price of $10.72.

About Chubu Electric Power

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Chubu Electric Power Company, Incorporated, together with its subsidiaries, engages in the generation, transmission, distribution, and retail of electricity in Japan and internationally. The company operates through three segments: JERA, Power Grid, and Miraiz. It generates electricity through geothermal, nuclear, hydroelectric, wind, biomass, and solar sources.

Further Reading

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