China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Up – What’s Next?

China Shenhua Energy Co. (OTCMKTS:CSUAY) shares gapped up prior to trading on Monday. The stock had previously closed at $22.3150, but opened at $23.17. China Shenhua Energy shares last traded at $23.00, with a volume of 3,639 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

China Shenhua Energy Stock Performance

The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $114.41 billion, a price-to-earnings ratio of 14.20 and a beta of 0.18. The stock’s 50-day moving average is $22.67 and its 200-day moving average is $22.87.

China Shenhua Energy (OTCMKTS:CSUAY) last released 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 net margin of 16.90% and a return on equity of 11.61%. On average, analysts predict that China Shenhua Energy Co. will post 1.87 EPS for the current fiscal year.

About China Shenhua Energy

China Shenhua Energy Company Limited is an integrated energy company and a subsidiary of China Energy Investment Corporation. Established in 2004, the company is primarily engaged in coal production and sales, while also operating businesses that connect coal resources with transportation, power generation and coal-chemical production.

The company produces thermal coal and metallurgical coal from mines in China, particularly in Inner Mongolia and Shaanxi. Its transportation operations include dedicated railways, ports and a shipping fleet used to move coal from mining regions to customers and power-generation facilities.