Kansai Electric Power (OTCMKTS:KAEPY) Stock Price Down 4.8% – Should You Sell?

The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPYGet Free Report)’s share price was down 4.8% during mid-day trading on Friday . The company traded as low as $8.38 and last traded at $8.56. Approximately 1,642 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 13,266 shares. The stock had previously closed at $8.99.

Kansai Electric Power Price Performance

The business’s fifty day moving average is $8.64 and its 200-day moving average is $7.66.

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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