China Shenhua Energy (OTCMKTS:CSUAY) Hits New 12-Month High – Time to Buy?

China Shenhua Energy Co. (OTCMKTS:CSUAYGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $24.46 and last traded at $24.37, with a volume of 5559 shares traded. The stock had previously closed at $23.29.

China Shenhua Energy Stock Up 2.8%

The firm’s fifty day simple moving average is $21.96 and its 200 day simple moving average is $20.79. The company has a current ratio of 1.80, a quick ratio of 1.66 and a debt-to-equity ratio of 0.06.

About China Shenhua Energy

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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.

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