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Shanghai Electric Group (OTCMKTS:SIELY) Share Price Crosses Above 50-Day Moving Average - Here's What Happened

Shanghai Electric Group logo with Industrials background

Shanghai Electric Group Co., Ltd. (OTCMKTS:SIELY - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.98 and traded as high as $7.00. Shanghai Electric Group shares last traded at $6.22, with a volume of 521 shares traded.

Shanghai Electric Group Price Performance

The firm's 50-day moving average price is $6.90 and its 200-day moving average price is $6.68.

Shanghai Electric Group Company Profile

(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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