China Shenhua Energy (OTCMKTS:CSUAY) Sees Strong Trading Volume – Time to Buy?

China Shenhua Energy Co. (OTCMKTS:CSUAY) saw unusually-high trading volume on Tuesday . 64,951 shares changed hands during mid-day trading, an increase of 330% from the previous session’s volume of 15,095 shares.The stock last traded at $21.5750 and had previously closed at $21.85.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of China Shenhua Energy to a “hold” rating in a report on Friday, April 17th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

China Shenhua Energy Stock Performance

The company’s 50-day simple moving average is $23.14 and its 200 day simple moving average is $22.43. The stock has a market cap of $107.28 billion, a P/E ratio of 14.48 and a beta of 0.18. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 0.05.

China Shenhua Energy (OTCMKTS:CSUAY) last released 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 during the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. As a group, sell-side analysts expect that China Shenhua Energy Co. will post 1.85 EPS for the current fiscal year.

China Shenhua Energy Company Profile

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.