China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Up – Here’s Why

China Shenhua Energy Co. (OTCMKTS:CSUAY) gapped up before the market opened on Monday . The stock had previously closed at $22.40, but opened at $24.05. China Shenhua Energy shares last traded at $23.92, with a volume of 5,149 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of China Shenhua Energy to a “hold” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, China Shenhua Energy currently has an average rating of “Reduce”.

China Shenhua Energy Stock Up 4.1%

The company’s fifty day simple moving average is $23.60 and its 200 day simple moving average is $22.22. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $118.94 billion, a P/E ratio of 16.05 and a beta of 0.18.

China Shenhua Energy (OTCMKTS:CSUAY) last issued its quarterly earnings results on Friday, April 24th. The company reported $0.34 earnings per share (EPS) for the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. The company had revenue of $10.16 billion during the quarter. Research analysts expect that China Shenhua Energy Co. will post 1.79 EPS for the current year.

China Shenhua Energy Company Profile

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.