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China Shenhua Energy (OTCMKTS:CSUAY) Share Price Crosses Below Fifty Day Moving Average - Here's What Happened

China Shenhua Energy logo with Energy background

China Shenhua Energy Company Limited (OTCMKTS:CSUAY - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $15.85 and traded as low as $15.05. China Shenhua Energy shares last traded at $15.38, with a volume of 17,999 shares traded.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of China Shenhua Energy to a "neutral" rating and set a $32.50 price target for the company in a report on Monday, March 24th.

View Our Latest Report on CSUAY

China Shenhua Energy Trading Up 2.1 %

The business has a fifty day moving average of $15.85 and a two-hundred day moving average of $16.31. The firm has a market cap of $76.48 billion, a price-to-earnings ratio of 8.74 and a beta of 0.21. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.08 and a current ratio of 2.20.

China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last released its quarterly earnings results on Friday, April 25th. The company reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $9.57 billion during the quarter. China Shenhua Energy had a return on equity of 12.61% and a net margin of 18.20%. As a group, equities analysts expect that China Shenhua Energy Company Limited will post 1.66 earnings per share for the current fiscal year.

China Shenhua Energy Company Profile

(Get Free Report)

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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