China Shenhua Energy (OTCMKTS:CSUAY) Shares Gap Down – Should You Sell?

China Shenhua Energy Co. (OTCMKTS:CSUAY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $23.0490, but opened at $21.96. China Shenhua Energy shares last traded at $21.97, with a volume of 2,617 shares.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of China Shenhua Energy to a “hold” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce”.

China Shenhua Energy Stock Down 0.5%

The stock has a market capitalization of $109.24 billion, a P/E ratio of 14.74 and a beta of 0.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.99 and a quick ratio of 0.93. The stock’s fifty day moving average is $23.36 and its two-hundred day moving average is $22.38.

China Shenhua Energy (OTCMKTS:CSUAY) last issued its earnings results on Friday, April 24th. The company reported $0.34 earnings per share for the quarter. The firm had revenue of $10.16 billion during the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. As a group, research analysts predict that China Shenhua Energy Co. will post 1.79 earnings per share for the current fiscal year.

About China Shenhua Energy

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.