Guangshen Railway (OTCMKTS:GNGYF) Trading Up 8.3% – Here’s Why

Shares of Guangshen Railway Company Limited (OTCMKTS:GNGYFGet Free Report) were up 8.3% 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 Price Performance

The stock’s fifty day moving average is $0.27 and its 200-day moving average is $0.31.

About Guangshen Railway

(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.

Further Reading

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.