Zacks Research Upgrades China Shenhua Energy (OTCMKTS:CSUAY) to “Strong-Buy”

China Shenhua Energy (OTCMKTS:CSUAYGet Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

China Shenhua Energy Stock Performance

China Shenhua Energy stock opened at $20.57 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. China Shenhua Energy has a twelve month low of $15.22 and a twelve month high of $26.75. The firm has a fifty day simple moving average of $22.97 and a two-hundred day simple moving average of $22.42. The company has a market capitalization of $102.29 billion, a PE ratio of 13.81 and a beta of 0.18.

China Shenhua Energy (OTCMKTS:CSUAYGet Free Report) last posted its earnings results on Friday, April 24th. The company reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $10.16 billion for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. Research analysts expect that China Shenhua Energy will post 1.85 EPS for the current year.

China Shenhua Energy Company Profile

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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.

Further Reading

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