China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Up – Should You Buy?

Shares of China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report) gapped up before the market opened 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 trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on China Shenhua Energy

China Shenhua Energy Price Performance

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

China Shenhua Energy (OTCMKTS:CSUAYGet Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.34 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. Equities analysts anticipate that China Shenhua Energy Co. will post 1.85 EPS for the current year.

China Shenhua Energy Company Profile

(Get Free Report)

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.

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