Shanghai Electric Group (OTCMKTS:SIELY) Shares Gap Up - Here's What Happened

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.

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - )'s stock price gapped up before the market opened 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 changing hands.

Shanghai Electric Group Trading Up 6.9%

The stock's fifty day moving average price is $6.88 and its 200 day moving average price is $6.73.

About Shanghai Electric Group

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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