CLP (OTCMKTS:CLPHY) Sees Strong Trading Volume – What’s Next?

CLP Holdings Ltd. (OTCMKTS:CLPHY – Get Free Report) shares saw unusually-strong trading volume on Wednesday. 199,679 shares traded hands during trading, an increase of 164% from the previous session’s volume of 75,550 shares. The stock last traded at $9.6460 and had previously closed at $9.74.

CLP Stock Down 0.3%

The company has a fifty day simple moving average of $9.97 and a two-hundred day simple moving average of $9.74.

CLP Company Profile

(Get Free Report)

CLP Holdings Limited, traded in the United States under the symbol CLPHY, is an investor-owned utility headquartered in Hong Kong. Through its principal subsidiary, CLP Power Hong Kong, the company generates, transmits, distributes and supplies electricity to customers across Kowloon, the New Territories, Lantau and several outlying islands.

CLP Holdings operates an integrated power business that includes conventional and renewable generation, electricity transmission and distribution, retail supply, and energy-related services.

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