China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Up – Time to Buy?

Shares of China Shenhua Energy Co. (OTCMKTS:CSUAY) gapped up prior to trading on Wednesday . The stock had previously closed at $20.86, but opened at $21.78. China Shenhua Energy shares last traded at $21.78, with a volume of 470 shares trading hands.

Analyst Upgrades and Downgrades

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 investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

China Shenhua Energy Trading Down 3.1%

The stock has a market cap of $105.56 billion, a PE ratio of 14.25 and a beta of 0.20. The company has a 50 day moving average of $22.10 and a two-hundred day moving average of $22.52. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.93 and a current ratio of 0.99.

China Shenhua Energy (OTCMKTS:CSUAY) last announced 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 for the quarter. Sell-side analysts anticipate that China Shenhua Energy Co. will post 1.85 earnings per share 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.