China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Down – Here’s Why

China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $23.20, but opened at $21.11. China Shenhua Energy shares last traded at $21.11, with a volume of 382 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, China Shenhua Energy presently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on CSUAY

China Shenhua Energy Stock Down 1.9%

The firm has a market cap of $107.19 billion, a P/E ratio of 13.31 and a beta of 0.21. The firm’s 50-day moving average price is $22.78 and its 200 day moving average price is $22.68. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93.

China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) last announced its quarterly earnings data on Friday, August 28th. The company reported $0.50 earnings per share for the quarter. The firm had revenue of $17.48 billion during the quarter. China Shenhua Energy had a return on equity of 11.61% and a net margin of 16.90%. On average, equities research analysts expect that China Shenhua Energy Co. will post 1.87 earnings per share for the current fiscal year.

About China Shenhua Energy

(Get Free Report)

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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