Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $22.08, but opened at $17.83. Shanghai Industrial shares last traded at $17.83, with a volume of 1,667 shares.
Shanghai Industrial Trading Down 19.2%
The company has a quick ratio of 1.22, a current ratio of 1.92 and a debt-to-equity ratio of 0.52. The business’s 50 day moving average price is $17.50 and its 200-day moving average price is $17.70.
About Shanghai Industrial
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.
Further Reading
Receive News & Ratings for Shanghai Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanghai Industrial and related companies with MarketBeat.com's FREE daily email newsletter.
