China Coal Energy Co. (OTCMKTS:CCOZY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $27.00, but opened at $29.07. China Coal Energy shares last traded at $29.07, with a volume of 331 shares.
China Coal Energy Stock Performance
The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.00 and a current ratio of 1.07. The stock’s 50-day simple moving average is $29.49 and its two-hundred day simple moving average is $31.21. The stock has a market cap of $19.35 billion, a price-to-earnings ratio of 7.33 and a beta of -0.31.
China Coal Energy Company Profile
China Coal Energy Company Limited is a China-based energy and natural resources company engaged primarily in coal production and sales. The company develops and operates coal mines and supplies thermal coal, coking coal and other coal products to customers in China.
In addition to coal mining, China Coal Energy has businesses in coal-to-chemicals, coal-fired power generation and the manufacture of coal-mining equipment. Its chemical operations produce products such as methanol, olefins and other coal-based materials, while its equipment business provides machinery and related services for mining operations.
China Coal Energy was established in 2006 and is associated with China National Coal Group Corporation, one of China’s major coal enterprises.
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