Shanghai Industrial (OTCMKTS:SGHIY) Trading Down 7.1% – Here’s Why

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) dropped 7.1% during trading on Tuesday . The stock traded as low as $14.50 and last traded at $14.50. Approximately 100 shares were traded during trading, a decline of 85% from the average daily volume of 667 shares. The stock had previously closed at $15.60.

Shanghai Industrial Stock Performance

The company has a current ratio of 1.74, a quick ratio of 0.98 and a debt-to-equity ratio of 0.61. The firm’s 50-day moving average price is $14.31 and its two-hundred day moving average price is $14.77.

About Shanghai Industrial

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

Further Reading

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