China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Down – Here’s What Happened

China Shenhua Energy Co. (OTCMKTS:CSUAY) gapped down before the market opened on Tuesday . The stock had previously closed at $23.0490, but opened at $21.96. China Shenhua Energy shares last traded at $21.97, with a volume of 2,617 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of China Shenhua Energy to a “hold” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

China Shenhua Energy Stock Performance

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 company has a market cap of $107.55 billion, a PE ratio of 14.52 and a beta of 0.18. The stock’s 50 day simple moving average is $23.26 and its two-hundred day simple moving average is $22.40.

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