Shanghai Industrial (SGHIY) Lowered to “Hold” at ValuEngine

ValuEngine downgraded shares of Shanghai Industrial (OTCMKTS:SGHIY) from a buy rating to a hold rating in a report released on Thursday.

Shares of Shanghai Industrial (OTCMKTS:SGHIY) opened at $29.57 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.04 and a current ratio of 2.11. Shanghai Industrial has a fifty-two week low of $27.47 and a fifty-two week high of $31.90.

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About Shanghai Industrial

Shanghai Industrial Holdings Limited is a Hong Kong-based investment holding company principally engaged in infrastructure facilities businesses, real estate businesses and consumer products businesses. The Company operates its businesses through three segments. The Infrastructure Facilities segment is engaged in the investment in toll road projects and water-related businesses.

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