China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Down – What’s Next?

China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $20.8340, but opened at $20.05. China Shenhua Energy shares last traded at $20.8570, with a volume of 2,959 shares changing hands.

China Shenhua Energy Stock Performance

The company has a quick ratio of 1.66, a current ratio of 1.80 and a debt-to-equity ratio of 0.06. The firm has a 50 day moving average price of $20.49 and a two-hundred day moving average price of $19.65.

China Shenhua Energy Company Profile

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China Shenhua Energy Company Limited is one of the largest coal producers and integrated energy companies in China. The firm’s core business centers on the exploration, production and sale of coal, with a primary focus on thermal coal used for power generation. Through its vertically integrated operations, China Shenhua manages the entire coal value chain, from mining and washing to transportation and marketing.

In addition to coal mining, the company operates a diversified portfolio of power generation assets, including coal-fired and wind power plants.

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