Dongfang Electric Co. Limited (OTCMKTS:DNGFF – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 49,921 shares, a decline of 77.8% from the September 15th total of 225,121 shares. Based on an average daily volume of 65 shares, the short-interest ratio is presently 768.0 days.
Dongfang Electric Price Performance
DNGFF remained flat at $2.40 during trading hours on Friday. Dongfang Electric has a 52 week low of $2.30 and a 52 week high of $5.75. The company has a 50 day moving average price of $2.58 and a two-hundred day moving average price of $3.54.
Dongfang Electric Company Profile
Dongfang Electric Corporation Limited is a China-based manufacturer and supplier of power-generation equipment and related engineering services. The company develops, designs, manufactures and services equipment used in thermal, hydroelectric, nuclear, wind, solar and gas-fired power projects, as well as other clean-energy and industrial applications.
Its product portfolio includes steam turbines, generators, hydroelectric generating units, nuclear-power equipment, wind turbines and supporting electrical and control systems.
See Also
- Five stocks we like better than Dongfang Electric
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
- Why Wall Street Expects Even More From SanDisk After Its 575% Rally
Receive News & Ratings for Dongfang Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dongfang Electric and related companies with MarketBeat.com's FREE daily email newsletter.
