China Shenhua Energy (OTCMKTS:CSUAY) Shares Up 6.5% – What’s Next?

China Shenhua Energy Co. (OTCMKTS:CSUAY)’s share price rose 6.5% on Tuesday . The stock traded as high as $22.1450 and last traded at $22.1450. 708 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 17,267 shares. The stock had previously closed at $20.7880.

Analysts Set New Price Targets

Separately, Zacks Research upgraded China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

China Shenhua Energy Stock Up 0.2%

The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $105.02 billion, a P/E ratio of 14.17 and a beta of 0.20. The firm has a 50 day simple moving average of $22.26 and a two-hundred day simple moving average of $22.50.

China Shenhua Energy (OTCMKTS:CSUAY) last released its quarterly earnings data on Friday, April 24th. The company reported $0.34 earnings per share for the quarter. The business had revenue of $10.16 billion for the quarter. China Shenhua Energy had a return on equity of 10.52% and a net margin of 17.81%. On average, equities research analysts expect that China Shenhua Energy Co. will post 1.85 earnings per share for the current 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.