SHI has been the subject of a number of other reports. Zacks Investment Research cut shares of Sinopec Shanghai Petrochemical from a “hold” rating to a “sell” rating in a report on Tuesday, May 3rd. JPMorgan Chase & Co. lowered shares of Sinopec Shanghai Petrochemical from a “neutral” rating to an “underweight” rating in a research note on Tuesday, April 19th.
Shares of NYSE:SHI opened at $17.99 on Friday. The company has a 50-day simple moving average of $19.95 and a 200-day simple moving average of $21.91. Sinopec Shanghai Petrochemical has a one year low of $17.78 and a one year high of $27.94. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.95 and a current ratio of 1.33. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 3.92, a PEG ratio of 0.51 and a beta of 0.60.
About Sinopec Shanghai Petrochemical (Get Rating)
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petroleum products in the People's Republic of China. It operates through five segments: Synthetic Fibers, Resins and Plastics, Intermediate Petrochemicals, Petroleum Products, and Trading of Petrochemical Products.
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