Shanghai Electric Group (OTCMKTS:SIELY) Reaches New 1-Year Low – What’s Next?

Shares of Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $7.31 and last traded at $7.31, with a volume of 272 shares. The stock had previously closed at $8.12.

Shanghai Electric Group Trading Down 10.0%

The business’s fifty day moving average is $8.40 and its two-hundred day moving average is $9.62.

About Shanghai Electric Group

(Get Free Report)

Shanghai Electric Group Co, Ltd. is a China-based industrial equipment and engineering company that develops, manufactures and services equipment used in the energy, industrial and infrastructure sectors. Its activities include energy-generation equipment, electrical and power-transmission systems, industrial machinery, automation products and environmental-protection solutions.

The company supplies equipment and integrated project services for thermal, nuclear, renewable and other power applications.

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