Shares of Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.13 and traded as high as $8.70. Shanghai Electric Group shares last traded at $8.70, with a volume of 1,648 shares.
Shanghai Electric Group Stock Performance
The business's 50 day simple moving average is $8.30 and its 200 day simple moving average is $7.21.
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.
Further Reading
Before you consider Shanghai Electric Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shanghai Electric Group wasn't on the list.
While Shanghai Electric Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
