China Shenhua Energy (OTCMKTS:CSUAY) Sets New 52-Week High - Should You Buy?

Key Points

• China Shenhua Energy shares reached a new 52-week high of $20.32 on Friday, closing at $19.92 with a trading volume of 5,630 shares.
• UBS Group downgraded the stock from a "hold" to a "strong sell" rating, contributing to an average consensus rating of "Reduce" with a target price of $32.50.
• The company reported a quarterly EPS of $0.37 and a revenue of $9.48 billion, with an expected full-year EPS of 1.66.

Shares of China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report) reached a new 52-week high on Friday . The company traded as high as $20.32 and last traded at $19.92, with a volume of 5630 shares. The stock had previously closed at $19.76.

Analyst Ratings Changes

Separately, UBS Group lowered China Shenhua Energy from a "hold" rating to a "strong sell" rating in a report on Wednesday, July 16th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, China Shenhua Energy presently has an average rating of "Reduce" and a consensus target price of $32.50.

China Shenhua Energy Trading Up 0.6%

The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.04 and a current ratio of 2.17. The business has a fifty day simple moving average of $18.91 and a 200 day simple moving average of $17.28. The stock has a market capitalization of $98.80 billion, a price-to-earnings ratio of 12.66 and a beta of 0.26.

China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last issued its quarterly earnings data on Friday, August 29th. The company reported $0.37 EPS for the quarter. China Shenhua Energy had a return on equity of 11.13% and a net margin of 18.27%.The firm had revenue of $9.48 billion for the quarter. As a group, research analysts expect that China Shenhua Energy Co. will post 1.66 EPS for the current year.

China Shenhua Energy Company Profile

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.

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