Shanghai Electric Group (OTCMKTS:SIELY) Shares Pass Above 50 Day Moving Average – What’s Next?

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELYGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.27 and traded as high as $5.65. Shanghai Electric Group shares last traded at $5.65, with a volume of 211 shares trading hands.

Shanghai Electric Group Stock Down 13.6 %

The company has a 50 day moving average of $4.27 and a two-hundred day moving average of $4.09.

Shanghai Electric Group Company Profile

(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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