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Shanghai Electric Group (OTCMKTS:SIELY) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Shanghai Electric Group logo with Industrials background

Key Points

  • Shanghai Electric Group (OTCMKTS:SIELY) stock price has surpassed its 200-day moving average, indicating a potential positive trend, with the stock last trading at $12.14.
  • The company's 200-day moving average is $7.77, while the stock has recently traded as high as $13.45, showing significant price momentum.
  • Shanghai Electric Group operates in the energy and industrial equipment sectors, providing green intelligent system solutions both domestically and internationally.
  • MarketBeat previews the top five stocks to own by November 1st.

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.77 and traded as high as $13.45. Shanghai Electric Group shares last traded at $12.14, with a volume of 4,043 shares traded.

Shanghai Electric Group Price Performance

The stock has a fifty day moving average price of $9.71 and a 200 day moving average price of $7.77.

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.

See Also

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