China Shenhua Energy (OTCMKTS:CSUAY) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Shares of China Shenhua Energy Company Limited (OTCMKTS:CSUAY) passed below its 50 day moving average during trading on Thursday . The stock has a 50 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.

China Shenhua Energy Price Performance

The company has a quick ratio of 2.08, a current ratio of 2.20 and a debt-to-equity ratio of 0.06. The company’s fifty day moving average price is $16.92 and its two-hundred day moving average price is $17.14. The company has a market cap of $76.70 billion, a price-to-earnings ratio of 8.76 and a beta of 0.09.

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