Large Inflow of Money Witnessed in Huaneng Power International

Huaneng Power International (NYSE:HNP) : $0.57 million worth of transactions were on upticks in Huaneng Power International (NYSE:HNP), compared to $0.45 million on downticks. The ratio between the two was 1.27, whereas, the net money flow stood at a healthy $0.12 million on Wednesdays session. The consistent buying on upticks in the stock accounted for $0.01million worth of trades. The total money flow into the stock stood at $0.01 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -1.7%. The stock was trading at $24.82, with a drop of $0.43 over the previous days close. The stock recorded -10.36% for the week.


Institutional Investors own 0.81% of Huaneng Power International shares.

The company shares have dropped -51.89% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $52.97 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $27.02 and the 200 Day Moving Average price is recorded at $31.42. Huaneng Power International (NYSE:HNP): The stock opened at $25.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $25.02 for the day. The stock traded down to $24.56 during the day, due to lack of any buying support eventually closed down at $24.61 with a loss of -2.53% for the day. The stock had closed at $25.25 on the previous day. The total traded volume was 171,886 shares.

Huaneng Power International, Inc. (Huaneng Power) is an independent power producer. The principal activities of the Company are investment, construction, operation and management of power plants. The Company is engaged in developing, constructing, operating and managing power plants throughout China. The Companys segments include PRC power segment, Singapore segment and all other segments (mainly including port and transportation operations). The Companys domestic power plants are located in 21 provinces, provincial-level municipalities and autonomous regions. Its power generation operations have coverage in the Northeast China Grid, the Northern China Grid, the Northwest China Grid, the Eastern China Grid, the Central China Grid, the Southern China Grid, and the overseas coverage in Singapore. The Company also has a wholly owned power company in Singapore, Tuas Power Group.

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