China Shenhua Energy Co. (OTCMKTS:CSUAY) Short Interest Down 81.7% in July

China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 3,996 shares, a decrease of 81.7% from the June 30th total of 21,867 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 70,054 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

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 equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

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China Shenhua Energy Price Performance

OTCMKTS:CSUAY opened at $22.15 on Friday. The business’s 50-day simple moving average is $22.03 and its two-hundred day simple moving average is $22.60. China Shenhua Energy has a 52 week low of $16.68 and a 52 week high of $26.75. The stock has a market cap of $110.14 billion, a PE ratio of 14.87 and a beta of 0.20. 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 (OTCMKTS:CSUAY – Get Free Report) last released its earnings results on Friday, April 24th. The company reported $0.34 earnings per share (EPS) for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%.The firm had revenue of $10.16 billion during the quarter. As a group, analysts forecast that China Shenhua Energy will post 1.85 EPS for the current fiscal 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.

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