Shanghai Electric Group (OTCMKTS:SIELY) Shares Gap Down – What’s Next?

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELYGet Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $10.15, but opened at $9.85. Shanghai Electric Group shares last traded at $9.85, with a volume of 404 shares changing hands.

Shanghai Electric Group Price Performance

The firm’s fifty day moving average is $11.21 and its two-hundred day moving average is $8.88.

About Shanghai Electric Group

(Get Free Report)

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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