Dongfang Electric (OTCMKTS:DNGFF – Get Free Report) will likely be releasing its results after the market closes on Thursday, October 29th. Analysts expect Dongfang Electric to announce earnings of $0.0667 per share and revenue of $2.61 billion for the quarter.
Dongfang Electric Trading Down 16.7%
OTCMKTS DNGFF opened at $2.00 on Tuesday. Dongfang Electric has a 1-year low of $2.00 and a 1-year high of $5.75. The company has a 50 day moving average of $2.47 and a 200-day moving average of $3.58.
About Dongfang Electric
Dongfang Electric Co, Ltd. is a China-based manufacturer of power-generation equipment and a provider of related engineering services. The company develops, designs and produces equipment for conventional and renewable energy projects, serving utilities, industrial customers and power-generation developers.
Its product portfolio includes equipment for hydroelectric, thermal, nuclear, wind and solar power projects, as well as gas turbines and other energy systems. Dongfang Electric also provides project engineering, equipment integration, installation, commissioning, maintenance and related technical services.
Headquartered in Chengdu, Sichuan Province, China, the company is part of the broader Dongfang Electric group and has participated in power projects in China and international markets.
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