Shares of Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) hit a new 52-week high on Friday . The company traded as high as $11.70 and last traded at $11.70, with a volume of 186 shares changing hands. The stock had previously closed at $9.85.
Shanghai Electric Group Stock Up 24.4%
The stock has a 50 day moving average of $8.91 and a two-hundred day moving average of $7.43.
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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