China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 13,100 shares, a growth of 24.8% from the May 15th total of 10,500 shares. Based on an average trading volume of 14,400 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.
China Shenhua Energy Trading Down 0.9%
Shares of China Shenhua Energy stock traded down $0.16 during mid-day trading on Wednesday, hitting $17.84. 4,607 shares of the stock were exchanged, compared to its average volume of 6,430. The company has a 50-day simple moving average of $16.31 and a 200 day simple moving average of $16.24. The company has a current ratio of 2.17, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $88.71 billion, a price-to-earnings ratio of 11.01 and a beta of 0.24. China Shenhua Energy has a twelve month low of $14.50 and a twelve month high of $20.86.
China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last posted its earnings results on Friday, April 25th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $9.57 billion during the quarter. China Shenhua Energy had a return on equity of 11.45% and a net margin of 18.12%. Research analysts forecast that China Shenhua Energy will post 1.66 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of China Shenhua Energy to a "neutral" rating and set a $32.50 price objective on the stock in a research report on Monday, March 24th.
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About China Shenhua Energy
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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.
Further Reading
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