Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) dropped 5.5% during mid-day trading on Wednesday . The company traded as low as $3.75 and last traded at $3.75. Approximately 1,000 shares traded hands during mid-day trading, an increase of 17% from the average daily volume of 857 shares. The stock had previously closed at $3.97.
Shanghai Electric Group Stock Performance
The firm’s 50-day moving average is $4.00 and its two-hundred day moving average is $3.93.
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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