China Shenhua Energy (OTCMKTS:CSUAY) Sees Unusually-High Trading Volume – Still a Buy?

China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report) saw an uptick in trading volume on Wednesday . 38,701 shares were traded during mid-day trading, an increase of 182% from the previous session’s volume of 13,730 shares.The stock last traded at $22.56 and had previously closed at $23.05.

Wall Street Analyst Weigh In

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

Get Our Latest Report on CSUAY

China Shenhua Energy Stock Down 1.7%

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 stock has a market capitalization of $112.66 billion, a P/E ratio of 15.21 and a beta of 0.21. The stock’s 50-day moving average price is $23.92 and its two-hundred day moving average price is $22.14.

China Shenhua Energy (OTCMKTS:CSUAYGet Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.34 EPS for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%.The business had revenue of $10.16 billion for the quarter. As a group, research analysts expect that China Shenhua Energy Co. will post 1.79 earnings per share for the current fiscal year.

China Shenhua Energy Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for China Shenhua Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Shenhua Energy and related companies with MarketBeat.com's FREE daily email newsletter.