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Shanghai Electric Group (OTCMKTS:SIELY) Shares Gap Up - What's Next?

Shanghai Electric Group logo with Industrials background

Key Points

  • Shanghai Electric Group's stock price gapped up from $7.49 to $8.01 before the market opened on Monday, with 236 shares traded.
  • The company's fifty-day and 200-day moving averages are $6.88 and $6.73, respectively, indicating a positive trend in stock performance.
  • Shanghai Electric Group operates in three segments: Energy Equipment, Industrial Equipment, and Integration Services, providing solutions for various power generation and industrial needs.
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Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $7.49, but opened at $8.01. Shanghai Electric Group shares last traded at $8.01, with a volume of 236 shares traded.

Shanghai Electric Group Price Performance

The firm's 50-day moving average is $6.97 and its 200-day moving average is $6.76.

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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