Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $17.10 and last traded at $17.10, with a volume of 157 shares changing hands. The stock had previously closed at $20.30.
Shanghai Industrial Stock Down 15.8%
The business has a fifty day moving average price of $21.10 and a 200 day moving average price of $16.91. The company has a current ratio of 1.92, a quick ratio of 1.22 and a debt-to-equity ratio of 0.52.
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.
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