What’s Ahead for Changfeng Energy Inc. After Today’s Huge Increase?

 What's Ahead for Changfeng Energy Inc. After Today's Huge Increase?

The stock of Changfeng Energy Inc. (CVE:CFY) is a huge mover today! About 59,000 shares traded hands. Changfeng Energy Inc. (CVE:CFY) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 7 months positive chart setup for the $17.17M company. It was reported on Dec, 1 by Barchart.com. We have $0.35 PT which if reached, will make CVE:CFY worth $1.55M more.

More important recent Changfeng Energy Inc. (CVE:CFY) news were published by: Marketwired.com which released: “Changfeng Energy Inc. Announces Acceptance by TSX Venture Exchange of Normal …” on June 28, 2016, also Marketwired.com published article titled: “Changfeng Sells its Stake in Caofeidian Evergrowth Energy Co., Ltd.”, Marketwired.com published: “Changfeng Enters Into Natural Gas Purchase and Sale Agreement with PetroChina …” on December 17, 2014. More interesting news about Changfeng Energy Inc. (CVE:CFY) was released by: Marketwired.com and their article: “Changfeng’s Sanya Operation Receives 9.0 Million m3 Extra Gas Quota for 2016” with publication date: October 28, 2016.

Changfeng Energy Inc. is a natural gas distribution firm in the People’s Republic of China. The company has a market cap of $17.17 million. The Firm has approximately three projects in operation, which include approximately two city piped natural gas distribution projects and a compressed natural gas (CNG) vehicle refueling station. It has a 6.41 P/E ratio. The Firm has two divisions: Natural Gas Distribution Utility and CNG Refueling Retail Station.

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