Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $10.9250, but opened at $7.95. Shanghai Electric Group shares last traded at $7.95, with a volume of 514 shares.
Shanghai Electric Group Price Performance
The company has a fifty day simple moving average of $10.16 and a two-hundred day simple moving average of $10.41.
About Shanghai Electric Group
Shanghai Electric Group Co, Ltd. is a leading Chinese state‐owned enterprise specializing in the design, research and development, manufacture and sale of power generation and industrial equipment. Founded in 2004 through the consolidation of several historic Shanghai‐based manufacturing entities, the company has roots dating back to early electrical apparatus production in the mid‐20th century. Shanghai Electric operates as a vertically integrated supplier, providing key components and turnkey solutions for power plants, industrial facilities and infrastructure projects.
The company’s principal product lines include steam and gas turbines, boilers, generators and auxiliary equipment for thermal and nuclear power stations.
Featured Stories
- Five stocks we like better than Shanghai Electric Group
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
- Sandisk: What the Chart Is Trying to Tell Us
- 3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
- J.B. Hunt Stock Could Reach $340 as Trucking Capacity Shrinks
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.
