Shanghai Electric Group (OTCMKTS:SIELY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELYGet Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.51 and traded as high as $7.81. Shanghai Electric Group shares last traded at $7.81, with a volume of 224 shares traded.

Shanghai Electric Group Stock Performance

The firm’s 50 day moving average price is $7.58 and its two-hundred day moving average price is $5.22.

About Shanghai Electric Group

(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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