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

Shares of Guangshen Railway Company Limited (OTCMKTS:GSHHY) traded down 0.1% during mid-day trading on Wednesday . The stock traded as low as $9.08 and last traded at $9.20. 13,900 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 9,833 shares. The stock had previously closed at $9.21.

Guangshen Railway Stock Down 0.1%

The company’s 50-day simple moving average is $9.20 and its 200 day simple moving average is $9.20. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 102.23 and a beta of 0.66.

Guangshen Railway Company Profile

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.