China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Update

China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 21,867 shares, a decline of 40.0% from the June 15th total of 36,431 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 70,348 shares, the short-interest ratio is presently 0.3 days.

China Shenhua Energy Trading Up 2.1%

Shares of CSUAY opened at $21.67 on Friday. The company has a market capitalization of $107.75 billion, a P/E ratio of 14.54 and a beta of 0.20. China Shenhua Energy has a one year low of $16.43 and a one year high of $26.75. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.93 and a current ratio of 0.99. The stock has a 50-day moving average price of $22.07 and a 200 day moving average price of $22.52.

China Shenhua Energy (OTCMKTS:CSUAYGet Free Report) last posted its quarterly earnings data 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%. Sell-side analysts forecast that China Shenhua Energy will post 1.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, China Shenhua Energy presently has a consensus rating of “Strong Buy”.

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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.

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