Kansai Electric Power (OTCMKTS:KAEPY) Trading 0.5% Higher – Should You Buy?

Shares of The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPYGet Free Report) rose 0.5% during mid-day trading on Tuesday . The company traded as high as $8.04 and last traded at $8.04. Approximately 5,454 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 12,064 shares. The stock had previously closed at $8.00.

Kansai Electric Power Stock Down 6.5 %

The company’s 50 day moving average is $8.56 and its 200-day moving average is $7.91.

About Kansai Electric Power

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The Kansai Electric Power Company, Incorporated engages in electricity, gas and heat supply, and telecommunication businesses in Japan. It operates through four segments: Energy Business, Power Transmission and Distribution Business, Information and Communication Business, and Life and Business Solution Business.

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