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

China Shenhua Energy Co. (OTCMKTS:CSUAY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $20.31 and traded as high as $22.86. China Shenhua Energy shares last traded at $22.62, with a volume of 3,547 shares traded.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered China Shenhua Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 16th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, China Shenhua Energy presently has a consensus rating of “Reduce” and an average price target of $32.50.

China Shenhua Energy Stock Up 0.9%

The company’s 50 day moving average is $20.31 and its 200 day moving average is $18.20. The company has a market cap of $112.48 billion, a PE ratio of 15.28 and a beta of 0.26. The company has a current ratio of 2.17, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY) last released its quarterly earnings data on Friday, August 29th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $9.48 billion during the quarter. China Shenhua Energy had a net margin of 17.88% and a return on equity of 10.69%. As a group, analysts predict that China Shenhua Energy Co. will post 1.66 earnings per share for the current fiscal year.

About China Shenhua Energy

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.