China Shenhua Energy (OTCMKTS:CSUAY) Shares Cross Below 50-Day Moving Average – Here’s Why

China Shenhua Energy Company Limited (OTCMKTS:CSUAY)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.97 and traded as low as $16.00. China Shenhua Energy shares last traded at $16.00, with a volume of 22,655 shares changing hands.

China Shenhua Energy Stock Down 2.5 %

The company has a 50-day simple moving average of $16.97 and a 200 day simple moving average of $17.18. The company has a market cap of $79.56 billion, a P/E ratio of 9.09 and a beta of 0.09. The company has a current ratio of 2.20, a quick ratio of 2.08 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings results on Friday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter. China Shenhua Energy had a return on equity of 12.61% and a net margin of 18.20%. The business had revenue of $11.99 billion for the quarter. On average, equities analysts anticipate that China Shenhua Energy Company Limited will post 1.74 EPS for the current year.

China Shenhua Energy Company Profile

China Shenhua Energy Company Limited, together with its subsidiaries, engages in the production and sale of coal and power; railway, port, and shipping transportation; and coal-to-olefins businesses in the People's Republic of China and internationally. It operates through six segments: Coal, Power Generation, Railway, Port, Shipping, and Coal Chemical.