Shanghai Electric Group (OTCMKTS:SIELY) Hits New 1-Year Low – Should You Sell?

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY – Get Free Report) shares hit a new 52-week low on Friday. The company traded as low as $5.9680 and last traded at $5.9680, with a volume of 222 shares traded. The stock had previously closed at $8.50.

Shanghai Electric Group Price Performance

The company has a 50-day moving average price of $7.74 and a 200-day moving average price of $9.48.

About Shanghai Electric Group

(Get Free Report)

Shanghai Electric Group Co, Ltd. is a China-based industrial equipment manufacturer and engineering services provider. The company develops and supplies equipment for the energy sector, including power-generation systems and related technologies used in thermal, nuclear, wind and other energy applications. It also provides engineering, procurement and construction services, as well as project investment and operation support.

Beyond energy equipment, Shanghai Electric produces industrial machinery and automation systems, including machine tools, elevators, printing and packaging equipment, industrial robots, and intelligent manufacturing solutions.

Featured Articles

Receive News & Ratings for Shanghai Electric Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanghai Electric Group and related companies with MarketBeat.com's FREE daily email newsletter.