China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.
China Shenhua Energy Stock Performance
CSUAY opened at $20.57 on Thursday. The firm’s fifty day simple moving average is $22.97 and its two-hundred day simple moving average is $22.42. China Shenhua Energy has a 52-week low of $15.22 and a 52-week high of $26.75. The company has a market cap of $102.29 billion, a price-to-earnings ratio of 13.81 and a beta of 0.18. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05.
China Shenhua Energy (OTCMKTS:CSUAY – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.34 EPS for the quarter. The company had revenue of $10.16 billion during the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. Equities analysts anticipate that China Shenhua Energy 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.
See Also
- Five stocks we like better than China Shenhua Energy
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
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.
