China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $23.0490, but opened at $21.96. China Shenhua Energy shares last traded at $21.97, with a volume of 2,617 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of China Shenhua Energy to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, China Shenhua Energy presently has an average rating of “Reduce”.
Read Our Latest Research Report on CSUAY
China Shenhua Energy Stock Down 0.5%
China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.34 EPS for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%.The company had revenue of $10.16 billion for the quarter. Research analysts expect that China Shenhua Energy Co. will post 1.79 earnings per share for the current fiscal year.
About China Shenhua Energy
China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.
In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.
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