Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) shares dropped 5% on Thursday . The company traded as low as $7.65 and last traded at $7.65. Approximately 148 shares changed hands during trading, a decline of 84% from the average daily volume of 918 shares. The stock had previously closed at $8.05.
Shanghai Electric Group Price Performance
The company’s 50-day simple moving average is $6.22 and its 200-day simple moving average is $4.70.
Shanghai Electric Group Company Profile
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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