China Shenhua Energy Co. (OTCMKTS:CSUAY) Sees Large Decline in Short Interest

China Shenhua Energy Co. (OTCMKTS:CSUAY) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 21,867 shares, a decline of 40.0% from the June 15th total of 36,431 shares. Based on an average trading volume of 70,348 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

China Shenhua Energy Trading Up 5.0%

China Shenhua Energy stock opened at $21.90 on Thursday. The firm has a 50 day moving average of $22.14 and a 200 day moving average of $22.52. The firm has a market capitalization of $108.90 billion, a price-to-earnings ratio of 14.70 and a beta of 0.20. China Shenhua Energy has a 12-month low of $16.20 and a 12-month high of $26.75. The company has a current ratio of 0.99, a quick ratio of 0.93 and a debt-to-equity ratio of 0.05.

China Shenhua Energy (OTCMKTS:CSUAY) last released its earnings results on Friday, April 24th. The company reported $0.34 EPS for the quarter. The company had revenue of $10.16 billion for the quarter. China Shenhua Energy had a net margin of 17.81% and a return on equity of 10.52%. As a group, research analysts predict that China Shenhua Energy will post 1.85 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Zacks Research raised China Shenhua Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, China Shenhua Energy currently has a consensus rating of “Strong Buy”.

China Shenhua Energy Company Profile

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.