Guangshen Railway (OTCMKTS:GNGYF) Stock Price Up 8.3% – Time to Buy?

Guangshen Railway Company Limited (OTCMKTS:GNGYFGet Free Report)’s stock price rose 8.3% during mid-day trading on Thursday . The stock traded as high as $0.26 and last traded at $0.26. Approximately 10,000 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 91,800 shares. The stock had previously closed at $0.24.

Guangshen Railway Stock Performance

The business has a 50 day moving average of $0.28 and a 200 day moving average of $0.31.

Guangshen Railway Company Profile

(Get Free Report)

Guangshen Railway Company Limited operates passenger and freight rail services along the Guangzhou–Shenzhen corridor in Guangdong Province, China. Established in 1996 as the first joint-stock railway reform pilot in the country, the company manages the 147-kilometer line linking Guangzhou, Dongguan, Shenzhen and border crossings into Hong Kong. Regular high-frequency intercity trains serve daily commuters, while longer-distance services connect urban centers across the Pearl River Delta.

Beyond core transport services, Guangshen Railway provides comprehensive logistics and freight forwarding solutions.

Featured Stories

Receive News & Ratings for Guangshen Railway Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guangshen Railway and related companies with MarketBeat.com's FREE daily email newsletter.