China Shenhua Energy (OTCMKTS:CSUAY) Releases Earnings Results

China Shenhua Energy (OTCMKTS:CSUAY) posted its earnings results on Friday. The company reported $0.44 earnings per share (EPS) for the quarter, Zacks reports. China Shenhua Energy had a net margin of 16.90% and a return on equity of 11.23%.

China Shenhua Energy Stock Up 1.1%

Shares of CSUAY traded up $0.21 during mid-day trading on Friday, hitting $20.10. 9,405 shares of the company’s stock were exchanged, compared to its average volume of 16,635. The stock’s 50-day moving average is $22.65 and its 200-day moving average is $22.56. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.80 and a current ratio of 0.87. China Shenhua Energy has a fifty-two week low of $19.01 and a fifty-two week high of $26.75. The company has a market cap of $99.97 billion, a price-to-earnings ratio of 12.41 and a beta of 0.21.

Wall Street Analyst Weigh In

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

About China Shenhua Energy

China Shenhua Energy Co, Ltd. is an integrated energy company based in China. The company is primarily engaged in coal production and sales, power generation, railway transportation, port operations and shipping. It also operates coal-to-chemicals businesses that convert coal into products such as olefins.

China Shenhua’s coal mining activities are concentrated in major coal-producing regions of China, while its transportation infrastructure—including railways, ports and shipping operations—supports the movement of coal from mines to customers and power plants.