Kansai Electric Power (OTCMKTS:KAEPY) Trading 1.4% Higher – What’s Next?

Shares of The Kansai Electric Power Company, Incorporated (OTCMKTS:KAEPY) rose 1.4% during mid-day trading on Thursday . The company traded as high as $7.91 and last traded at $7.91. Approximately 3,451 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 12,488 shares. The stock had previously closed at $7.80.

Kansai Electric Power Stock Performance

The stock’s 50 day moving average is $7.83 and its two-hundred day moving average is $7.01.

Kansai Electric Power Company Profile

Kansai Electric Power Co, Inc, commonly known as Kansai Electric Power, is a major Japanese electric utility company primarily engaged in the generation, transmission and distribution of electricity. The company serves the Kansai region of Japan, including prefectures such as Osaka, Kyoto, Hyogo and Nara, supplying power to residential, commercial and industrial customers. Through its integrated network, Kansai Electric Power manages the flow of electricity from generation facilities to end users and provides grid-related services to maintain reliable supply across urban centers and surrounding areas.

The company operates a diversified fleet of power plants, encompassing nuclear, thermal, hydroelectric and renewable energy installations.