China Shenhua Energy (OTCMKTS:CSUAY) Stock Crosses Below Fifty Day Moving Average – What’s Next?

China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $20.96 and traded as low as $20.41. China Shenhua Energy shares last traded at $20.4350, with a volume of 4,825 shares changing hands.

China Shenhua Energy Stock Up 0.9%

The company has a debt-to-equity ratio of 0.06, a current ratio of 1.80 and a quick ratio of 1.66. The firm’s 50-day simple moving average is $20.96 and its two-hundred day simple moving average is $19.02.

China Shenhua Energy Company Profile

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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.

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