China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $22.72 and traded as low as $22.32. China Shenhua Energy shares last traded at $22.41, with a volume of 23,637 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Report on CSUAY
China Shenhua Energy Trading Up 3.9%
China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) last issued its quarterly earnings data on Friday, August 28th. The company reported $0.50 EPS for the quarter. China Shenhua Energy had a return on equity of 11.61% and a net margin of 16.90%. The firm had revenue of $17.48 billion for the quarter. On average, analysts forecast that China Shenhua Energy Co. will post 1.87 earnings per share for the current year.
China Shenhua Energy Company Profile
China Shenhua Energy Co, Ltd. is an integrated energy company engaged primarily in coal production and sales, power generation, railway transportation, port operations and shipping. The company also develops coal-to-chemicals businesses, producing products such as coal-based chemicals and related materials.
China Shenhua operates an integrated coal and power supply chain in China, with coal mining activities and supporting transportation infrastructure that connect production regions with domestic customers and power plants.
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