Guangshen Railway (OTCMKTS:GSHHY) Shares Down 0.1% – Time to Sell?

by · The Cerbat Gem

Guangshen Railway Company Limited (OTCMKTS:GSHHY – Get Free Report) shares were down 0.1% during mid-day trading on Monday . The company traded as low as $9.08 and last traded at $9.20. Approximately 13,900 shares were traded during trading, an increase of 41% from the average daily volume of 9,833 shares. The stock had previously closed at $9.21.

Guangshen Railway Stock Down 0.1%

The firm has a 50-day simple moving average of $9.20 and a 200-day simple moving average of $9.20. The stock has a market cap of $1.30 billion, a PE ratio of 102.23 and a beta of 0.66.

Guangshen Railway Company Profile

(Get Free Report)

Guangshen Railway Company Limited, headquartered in Shenzhen, is one of China’s pioneering joint-stock railway enterprises. Established in 1996 as part of the China Railway system restructuring, the company is principally engaged in operating and maintaining key rail corridors linking Guangzhou, Shenzhen and Hong Kong. Its core services include both passenger and freight transport, serving daily commuters, long-distance travelers and commercial shippers across the Pearl River Delta region.

The company’s flagship line runs between Guangzhou and Shenzhen, covering approximately 147 kilometers of high-density corridor.

Read More