China Shenhua Energy (OTCMKTS:CSUAY) Sees Large Volume Increase – Time to Buy?
by Amy Steele · The Cerbat GemShares of China Shenhua Energy Co. (OTCMKTS:CSUAY – Get Free Report) saw unusually-high trading volume on Monday . Approximately 13,898 shares were traded during mid-day trading, an increase of 46% from the previous session’s volume of 9,529 shares.The stock last traded at $21.0550 and had previously closed at $21.1130.
China Shenhua Energy Trading Down 0.3%
The business has a 50 day simple moving average of $20.69 and a 200 day simple moving average of $19.34. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.80 and a quick ratio of 1.66. The company has a market cap of $104.67 billion, a price-to-earnings ratio of 14.22 and a beta of 0.24.
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.