Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.26 and last traded at $15.26, with a volume of 520 shares traded. The stock had previously closed at $17.10.
Shanghai Industrial Price Performance
The company has a 50-day simple moving average of $17.73 and a two-hundred day simple moving average of $18.04.
Shanghai Industrial Company Profile
Shanghai Industrial (OTCMKTS: SGHIY) is a Hong Kong-incorporated investment holding company and state-owned enterprise under the Shanghai Municipal Government. Established in the early 1990s, the company pursues a diversified set of business activities across property development, infrastructure investment and branded consumer products. Shanghai Industrial’s broad portfolio is centered on projects within China’s major urban centers, with a particular focus on Shanghai and its surrounding regions.
In its property segment, Shanghai Industrial engages in the development, sale and management of residential, commercial and mixed-use properties.
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