China Shenhua Energy (OTCMKTS:CSUAY) Issues Earnings Results

China Shenhua Energy (OTCMKTS:CSUAY) announced its earnings results on Friday. The company reported $0.44 EPS for the quarter, Zacks reports. China Shenhua Energy had a net margin of 16.90% and a return on equity of 11.23%. The business had revenue of $15.83 billion during the quarter.

China Shenhua Energy Stock Performance

Shares of CSUAY opened at $20.07 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.14. The business has a 50-day simple moving average of $22.62 and a two-hundred day simple moving average of $22.54. The stock has a market cap of $99.80 billion, a price-to-earnings ratio of 12.16 and a beta of 0.21. China Shenhua Energy has a 52 week low of $19.01 and a 52 week high of $26.75.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of China Shenhua Energy from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About China Shenhua Energy

China Shenhua Energy Co, Ltd. is an integrated energy company based in China. The company is primarily engaged in coal production and sales, power generation, railway transportation, port operations and shipping. It also operates coal-to-chemicals businesses that convert coal into products such as olefins.

China Shenhua’s coal mining activities are concentrated in major coal-producing regions of China, while its transportation infrastructure—including railways, ports and shipping operations—supports the movement of coal from mines to customers and power plants.