China Shenhua Energy (OTCMKTS:CSUAY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of China Shenhua Energy Company Limited (OTCMKTS:CSUAY) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $16.97 and traded as low as $16.00. China Shenhua Energy shares last traded at $16.00, with a volume of 22,655 shares trading hands.

China Shenhua Energy Price Performance

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 business has a fifty day simple moving average of $16.92 and a 200 day simple moving average of $17.14. The stock has a market capitalization of $76.70 billion, a P/E ratio of 8.76 and a beta of 0.09.

China Shenhua Energy (OTCMKTS:CSUAY) last released its quarterly earnings results on Friday, October 25th. The company reported $0.50 EPS for the quarter. The business had revenue of $11.99 billion during the quarter. China Shenhua Energy had a return on equity of 12.61% and a net margin of 18.20%. On average, 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.