Shares of Guangshen Railway Company Limited (OTCMKTS:GSHHY – Get Free Report) fell 0.1% on Tuesday . The stock traded as low as $9.08 and last traded at $9.20. Approximately 13,900 shares traded hands 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 stock has a market capitalization of $1.30 billion, a P/E ratio of 102.23 and a beta of 0.66. The firm’s 50-day simple moving average is $9.20 and its 200 day simple moving average is $9.20.
About Guangshen Railway
Guangshen Railway Company Limited is a China-based railway transportation company that operates passenger and freight services primarily in Guangdong Province. Its core rail corridor connects Guangzhou and Shenzhen, two major economic centers in southern China, and forms part of the broader railway network serving the Pearl River Delta.
The company’s passenger business includes conventional and intercity train services, while its freight operations transport goods by rail. Guangshen Railway also engages in railway-related businesses and services that support the operation and maintenance of its transportation network.
Guangshen Railway was established as a joint-stock company in 1996 following the restructuring of the Guangzhou-Shenzhen railway operations.
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