Kyushu Electric Power (OTCMKTS:KYSEY) Trading 1% Higher – Here’s Why

Kyushu Electric Power Company, Incorporated (OTCMKTS:KYSEYGet Free Report)’s share price rose 1% on Tuesday . The stock traded as high as $10.9150 and last traded at $10.9150. 3,265 shares changed hands during trading, a decline of 27% from the average session volume of 4,473 shares. The stock had previously closed at $10.81.

Kyushu Electric Power Stock Up 1.0%

The stock’s 50 day simple moving average is $10.94 and its two-hundred day simple moving average is $11.42.

Kyushu Electric Power Company Profile

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Kyushu Electric Power Company, Incorporated in June 1951, is one of Japan’s ten regional electric utilities. Headquartered in Fukuoka, the company’s core business centers on the generation, transmission and distribution of electricity across the Kyushu region, which includes Fukuoka, Nagasaki, Kumamoto, Oita, Saga, Miyazaki and Kagoshima prefectures.

On the generation side, Kyushu Electric Power maintains a diversified portfolio that includes thermal power stations fueled by coal, oil and natural gas, multiple hydroelectric facilities, and the Sendai Nuclear Power Plant in Kagoshima Prefecture—Japan’s first nuclear plant to restart under post-Fukushima safety standards.

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