China Shenhua Energy (OTCMKTS:CSUAY) Share Price Passes Below Fifty Day Moving Average – Here’s What Happened

China Shenhua Energy Company Limited (OTCMKTS:CSUAY)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.97 and traded as low as $16.00. China Shenhua Energy shares last traded at $16.00, with a volume of 22,655 shares traded.

China Shenhua Energy Stock Performance

The firm has a market cap of $76.70 billion, a PE ratio of 8.76 and a beta of 0.09. The company has a 50-day simple moving average of $16.92 and a two-hundred day simple moving average of $17.14. The company has a quick ratio of 2.08, a current ratio of 2.20 and a debt-to-equity ratio of 0.06.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter. The business had revenue of $11.99 billion during the quarter. China Shenhua Energy had a net margin of 18.20% and a return on equity of 12.61%. As a group, equities research analysts forecast that China Shenhua Energy Company Limited will post 1.74 earnings per share 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.