Guangshen Railway Co. Ltd ADR Class H (GSH) Sets New 52-Week Low at $17.11

Shares of Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH) reached a new 52-week low on Thursday . The stock traded as low as $17.11 and last traded at $17.26, with a volume of 3223 shares trading hands. The stock had previously closed at $17.29.

Several research firms have recently weighed in on GSH. Citigroup downgraded shares of Guangshen Railway Co. Ltd ADR Class H from a “buy” rating to a “sell” rating in a research note on Thursday, March 28th. HSBC downgraded shares of Guangshen Railway Co. Ltd ADR Class H from a “buy” rating to a “hold” rating in a research note on Friday, March 29th. Finally, UBS Group downgraded shares of Guangshen Railway Co. Ltd ADR Class H from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 3rd.

The company has a market cap of $2.46 billion, a price-to-earnings ratio of 20.66 and a beta of 0.99.

Several institutional investors have recently bought and sold shares of GSH. Renaissance Technologies LLC increased its position in Guangshen Railway Co. Ltd ADR Class H by 2.2% in the first quarter. Renaissance Technologies LLC now owns 209,900 shares of the transportation company’s stock worth $4,185,000 after purchasing an additional 4,500 shares during the period. Everett Harris & Co. CA increased its position in Guangshen Railway Co. Ltd ADR Class H by 14.2% in the first quarter. Everett Harris & Co. CA now owns 175,542 shares of the transportation company’s stock worth $3,500,000 after purchasing an additional 21,771 shares during the period. Parametric Portfolio Associates LLC acquired a new stake in Guangshen Railway Co. Ltd ADR Class H in the first quarter worth about $488,000. Advisors Asset Management Inc. increased its position in Guangshen Railway Co. Ltd ADR Class H by 36.2% in the fourth quarter. Advisors Asset Management Inc. now owns 20,982 shares of the transportation company’s stock worth $391,000 after purchasing an additional 5,581 shares during the period. Finally, Wells Fargo & Company MN increased its position in Guangshen Railway Co. Ltd ADR Class H by 145.4% in the first quarter. Wells Fargo & Company MN now owns 19,718 shares of the transportation company’s stock worth $393,000 after purchasing an additional 11,684 shares during the period. 0.73% of the stock is owned by hedge funds and other institutional investors.

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About Guangshen Railway Co. Ltd ADR Class H (NYSE:GSH)

Guangshen Railway Company Limited engages in the railroad passenger and freight transportation business in the People's Republic of China. The company's passenger transportation services include the operation of Guangzhou-Shenzhen inter-city express trains, long-distance trains, and Guangzhou-Hong Kong city through trains.

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