Shares of Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.84 and traded as high as $4.39. Shanghai Electric Group shares last traded at $4.39, with a volume of 242 shares changing hands.
Shanghai Electric Group Stock Down 4.6 %
The business’s 50 day moving average price is $3.84 and its 200-day moving average price is $4.00.
About Shanghai Electric Group
Shanghai Electric Group Co, Ltd. provides industrial grade green intelligent system solutions in Mainland China and internationally. The company operates through three segments: Energy Equipment, Industrial Equipment, and Integration Services. The Energy Equipment segment designs, manufactures, and sells nuclear power, energy storage, wind power, coal-fired power generation and corollary, and gas-fired power generation equipment; and vessels for chemical industry, as well as provides power grid and industrial intelligent power supply system solutions.
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