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ERM Power (ASX:EPW)‘s stock had its “add” rating restated by equities researchers at CIMB in a research report issued on Thursday, Stock Ratings Network reports.

ERM Power (ASX:EPW) remained flat at A$2.340 during during mid-day trading trading on Thursday. 492,270 shares of the company’s stock traded hands. ERM Power has a 1-year low of A$2.060 and a 1-year high of A$3.010. The stock has a 50-day moving average of A$2.41 and a 200-day moving average of A$2.55.

ERM Power Limited, formerly ERM Power Pty Ltd, is an integrated energy company. The Company is engaged in the sale of electricity to commercial and industrial customers, the development, construction and operation of gas-fired power stations, and the evaluation of and exploration for gas.

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