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

China Shenhua Energy Co. (OTCMKTS:CSUAY)’s stock price 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 traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

China Shenhua Energy Price Performance

The business has a 50-day simple moving average of $22.19 and a two-hundred day simple moving average of $22.50. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $108.67 billion, a price-to-earnings ratio of 14.67 and a beta of 0.20.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.34 EPS for the quarter. The company had revenue of $10.16 billion for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. As a group, research analysts predict that China Shenhua Energy Co. will post 1.85 earnings per share for the current fiscal year.

About China Shenhua Energy

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.