China Shenhua Energy (OTCMKTS:CSUAY) Shares Cross Below 50-Day Moving Average – Here’s Why

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 Trading Down 2.5 %

The stock has a fifty day moving average of $16.97 and a 200 day moving average of $17.18. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.08 and a current ratio of 2.20. The company has a market capitalization of $79.56 billion, a PE ratio of 9.09 and a beta of 0.09.

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