China Shenhua Energy (OTCMKTS:CSUAY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

China Shenhua Energy Company Limited (OTCMKTS:CSUAY)’s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $17.26 and traded as low as $16.95. China Shenhua Energy shares last traded at $17.05, with a volume of 2,362 shares changing hands.

China Shenhua Energy Trading Down 1.7 %

The business’s 50-day moving average price is $17.31 and its two-hundred day moving average price is $17.69. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.35 and a quick ratio of 2.20. The firm has a market cap of $82.49 billion, a price-to-earnings ratio of 9.43 and a beta of 0.11.

China Shenhua Energy (OTCMKTS:CSUAY) last posted its quarterly earnings data on Friday, October 25th. The company reported $0.50 earnings per share for the quarter. The business had revenue of $11.99 billion during the quarter. China Shenhua Energy had a net margin of 18.20% and a return on equity of 12.62%. Equities analysts expect that China Shenhua Energy Company Limited will post 1.74 earnings per share for the current year.

About China Shenhua Energy

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.