China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report)’s stock price shot up 6.5% during mid-day trading on Tuesday . The company traded as high as $22.1450 and last traded at $22.1450. 708 shares traded hands during trading, a decline of 96% from the average daily volume of 17,267 shares. The stock had previously closed at $20.7880.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of “Strong Buy”.
Get Our Latest Research Report on China Shenhua Energy
China Shenhua Energy Trading Up 5.0%
China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported $0.34 EPS for the quarter. The business had revenue of $10.16 billion during the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. As a group, equities research analysts predict that China Shenhua Energy Co. will post 1.85 earnings per share for the current fiscal 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.
Further Reading
- Five stocks we like better than China Shenhua Energy
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for China Shenhua Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Shenhua Energy and related companies with MarketBeat.com's FREE daily email newsletter.
