China Shenhua Energy (OTCMKTS:CSUAY) Share Price Passes Below 50 Day Moving Average – Here’s Why

Shares of China Shenhua Energy Company Limited (OTCMKTS:CSUAY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.97 and traded as low as $16.00. China Shenhua Energy shares last traded at $16.00, with a volume of 22,655 shares.

China Shenhua Energy Trading Down 3.6 %

The company has a current ratio of 2.20, a quick ratio of 2.08 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average of $16.92 and a two-hundred day moving average of $17.14. The firm has a market cap of $76.70 billion, a P/E ratio of 8.76 and a beta of 0.09.

China Shenhua Energy (OTCMKTS:CSUAY) last announced its quarterly earnings results on Friday, October 25th. The company reported $0.50 EPS for the quarter. The business had revenue of $11.99 billion for the quarter. China Shenhua Energy had a net margin of 18.20% and a return on equity of 12.61%. Analysts predict that China Shenhua Energy Company Limited will post 1.74 earnings per share for the current year.

China Shenhua Energy Company Profile

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.