Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY – Get Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as $15.26 and last traded at $15.26, with a volume of 520 shares traded. The stock had previously closed at $17.10.
Shanghai Industrial Trading Down 10.8%
The company’s 50-day moving average is $17.83 and its 200-day moving average is $18.13.
Shanghai Industrial Company Profile
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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