China Shenhua Energy (OTCMKTS:CSUAY) Hits New 12-Month High - Here's Why

Key Points

• China Shenhua Energy hit a new 52-week high, trading as high as $24.46 and last at $24.37—up about 4.6% from the prior close of $23.29—on volume of 5,559 shares.
• The stock has a market cap of $121.18 billion, a P/E of 16.47, low beta (0.24), and technicals showing a 50-day MA of $21.78 and 200-day MA of $20.74.
• China Shenhua is one of China's largest coal producers with vertically integrated operations across mining, washing, transportation and marketing, and it also operates coal-fired and wind power generation assets.

China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $24.46 and last traded at $24.37, with a volume of 5559 shares traded. The stock had previously closed at $23.29.

China Shenhua Energy Stock Up 4.6%

The stock has a fifty day moving average price of $21.78 and a 200-day moving average price of $20.74. The firm has a market cap of $121.18 billion, a PE ratio of 16.47 and a beta of 0.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.66 and a current ratio of 1.80.

China Shenhua Energy Company Profile

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.

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