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

by · The Markets Daily

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $9.85, but opened at $10.90. Shanghai Electric Group shares last traded at $10.90, with a volume of 263 shares traded.

Shanghai Electric Group Stock Performance

The company has a 50 day simple moving average of $11.21 and a two-hundred day simple moving average of $9.05.

Shanghai Electric Group Company Profile

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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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