China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Down – What’s Next?

China Shenhua Energy Co. (OTCMKTS:CSUAY)’s share price gapped down before the market opened on Friday. The stock had previously closed at $23.20, but opened at $21.11. China Shenhua Energy shares last traded at $21.11, with a volume of 382 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, China Shenhua Energy has a consensus rating of “Hold”.

China Shenhua Energy Stock Performance

The stock has a market cap of $107.19 billion, a PE ratio of 13.31 and a beta of 0.21. The stock has a fifty day simple moving average of $22.78 and a two-hundred day simple moving average of $22.68. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.93 and a current ratio of 0.99.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings data on Friday, August 28th. The company reported $0.50 earnings per share (EPS) for the quarter. The company had revenue of $17.48 billion for the quarter. China Shenhua Energy had a net margin of 16.90% and a return on equity of 11.61%. Equities analysts anticipate that China Shenhua Energy Co. will post 1.87 EPS for the current fiscal year.

About China Shenhua Energy

China Shenhua Energy Co, Ltd. is an integrated energy company engaged primarily in coal production and sales, power generation, railway transportation, port operations and shipping. The company also develops coal-to-chemicals businesses, producing products such as coal-based chemicals and related materials.

China Shenhua operates an integrated coal and power supply chain in China, with coal mining activities and supporting transportation infrastructure that connect production regions with domestic customers and power plants.