China Shenhua Energy Co. (OTCMKTS:CSUAY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of China Shenhua Energy to a "neutral" rating and set a $32.50 price target on the stock in a research note on Monday, March 24th.
View Our Latest Stock Report on CSUAY
China Shenhua Energy Price Performance
The stock has a market cap of $77.19 billion, a P/E ratio of 9.58 and a beta of 0.23. The business has a 50-day simple moving average of $16.54 and a 200 day simple moving average of $16.16. The company has a current ratio of 2.17, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06.
China Shenhua Energy (OTCMKTS:CSUAY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.37 EPS for the quarter. China Shenhua Energy had a net margin of 18.12% and a return on equity of 11.45%. The company had revenue of $9.57 billion for the quarter. On average, analysts forecast that China Shenhua Energy Co. will post 1.66 earnings per share 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 given a dividend of $1.0629 per share. This represents a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, June 30th. This is an increase from China Shenhua Energy's previous dividend of $1.05. China Shenhua Energy's payout ratio is presently 65.43%.
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.
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