China Shenhua Energy (OTCMKTS:CSUAY) Stock Passes Below 50 Day Moving Average – Here’s Why

China Shenhua Energy Company Limited (OTCMKTS:CSUAYGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $16.57 and traded as low as $15.87. China Shenhua Energy shares last traded at $15.89, with a volume of 7,428 shares changing hands.

China Shenhua Energy Trading Down 2.0 %

The company has a current ratio of 2.20, a quick ratio of 2.08 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average is $16.57 and its 200 day moving average is $16.82. The firm has a market capitalization of $78.99 billion, a price-to-earnings ratio of 9.03 and a beta of 0.06.

About China Shenhua Energy

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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.

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