Guangshen Railway Company Limited (OTCMKTS:GSHHY – Get Free Report) shares dropped 0.1% during trading on Tuesday . The stock traded as low as $9.08 and last traded at $9.20. 13,900 shares changed 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 Performance
The firm has a market capitalization of $1.30 billion, a PE ratio of 102.23 and a beta of 0.66. The company has a fifty day simple moving average of $9.20 and a two-hundred day simple moving average of $9.20.
About Guangshen Railway
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.
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