Shanghai Electric Group (OTCMKTS:SIELY) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELYGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.92 and traded as high as $4.40. Shanghai Electric Group shares last traded at $4.40, with a volume of 282 shares traded.

Shanghai Electric Group Stock Performance

The business has a 50-day moving average price of $3.92 and a two-hundred day moving average price of $3.97.

Shanghai Electric Group Company Profile

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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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