Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday. The company traded as low as $5.9680 and last traded at $5.9680, with a volume of 222 shares. The stock had previously closed at $8.50.
Shanghai Electric Group Trading Down 29.8%
The firm’s fifty day moving average is $7.74 and its 200-day moving average is $9.48.
About Shanghai Electric Group
Shanghai Electric Group Co, Ltd. is a China-based industrial equipment manufacturer and engineering services provider. The company develops and supplies equipment for the energy sector, including power-generation systems and related technologies used in thermal, nuclear, wind and other energy applications. It also provides engineering, procurement and construction services, as well as project investment and operation support.
Beyond energy equipment, Shanghai Electric produces industrial machinery and automation systems, including machine tools, elevators, printing and packaging equipment, industrial robots, and intelligent manufacturing solutions.
Featured Articles
- Five stocks we like better than Shanghai Electric Group
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Shanghai Electric Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanghai Electric Group and related companies with MarketBeat.com's FREE daily email newsletter.
