China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.16 and traded as low as $15.51. China Shenhua Energy shares last traded at $15.51, with a volume of 6,285 shares.
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 objective on the stock in a report on Monday, March 24th.
Check Out Our Latest Report on China Shenhua Energy
China Shenhua Energy Price Performance
The company has a quick ratio of 2.04, a current ratio of 2.17 and a debt-to-equity ratio of 0.06. The stock has a market cap of $77.12 billion, a P/E ratio of 9.57 and a beta of 0.23. The business's 50-day simple moving average is $16.54 and its two-hundred day simple moving average is $16.16.
China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last issued its earnings results on Friday, April 25th. The company reported $0.37 earnings per share for the quarter. The firm had revenue of $9.57 billion during the quarter. China Shenhua Energy had a net margin of 18.12% and a return on equity of 11.45%. Sell-side analysts expect that China Shenhua Energy Co. will post 1.66 EPS for the current year.
China Shenhua Energy Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, September 3rd. Investors of record on Tuesday, July 1st will be paid a $1.0629 dividend. This is an increase from China Shenhua Energy's previous dividend of $1.05. This represents a yield of 6.1%. The ex-dividend date of this dividend is Monday, June 30th. China Shenhua Energy's dividend payout ratio (DPR) is currently 65.43%.
About China Shenhua Energy
(
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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