Sinopec Shanghai Petrochemical Company Limited (OTCMKTS:SPTJF – Get Free Report)’s stock price traded up 14.4% during trading on Friday . The stock traded as high as $0.2023 and last traded at $0.2023. 2,200 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 40,645 shares. The stock had previously closed at $0.1769.
Sinopec Shanghai Petrochemical Stock Up 14.4%
The stock’s 50 day moving average is $0.18 and its 200-day moving average is $0.17.
Sinopec Shanghai Petrochemical Company Profile
Sinopec Shanghai Petrochemical Company Limited is a leading integrated petrochemical enterprise based in Shanghai, China. Established in the early 1970s as one of the country’s first major refining and petrochemical complexes, it was incorporated in its current listed form in 2000. As a subsidiary of China Petroleum & Chemical Corporation (Sinopec), the company operates one of Asia’s largest single-site oil refining and petrochemical facilities in the Jinshan District of Shanghai.
The company’s core business activities encompass the refining of crude oil into automotive and industrial fuels, as well as the production of a broad range of basic and intermediate petrochemical products.
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