Sinopec Shanghai Petrochemical (NYSE:SHI) Shares Gap Down to $24.73


Source: americanbankingnews.com americanbankingnews.com

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Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) gapped down prior to trading on Friday . The stock had previously closed at $24.73, but opened at $23.73. Sinopec Shanghai Petrochemical shares last traded at $23.55, with a volume of 200 shares changing hands. Several research analysts recently commented on the stock. JPMorgan Chase & Co. began coverage on shares of Sinopec Shanghai Petrochemical in a report on Monday, September 27th. They set a “neutral” rating for the company. Zacks Investment Research downgraded shares of Sinopec Shanghai Petrochemical from a “hold” rating to a “strong sell” rating in a research note on Tuesday,...