China Coal Energy (OTCMKTS:CCOZY) Shares Gap Down – Here’s What Happened

Shares of China Coal Energy Co. (OTCMKTS:CCOZYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $33.1244, but opened at $28.89. China Coal Energy shares last traded at $28.89, with a volume of 175 shares trading hands.

China Coal Energy Price Performance

The company has a market capitalization of $19.15 billion, a price-to-earnings ratio of 7.26 and a beta of -0.33. The company’s 50 day simple moving average is $33.28 and its 200-day simple moving average is $30.90. The company has a current ratio of 1.07, a quick ratio of 1.00 and a debt-to-equity ratio of 0.23.

About China Coal Energy

(Get Free Report)

China Coal Energy Co, Ltd. is a major coal producer and integrated energy company in the People’s Republic of China. It operates as the publicly traded arm of the state-owned China National Coal Group and has securities available on mainland and Hong Kong exchanges, with a U.S. over-the-counter quotation under the symbol CCOZY. The company’s business model centers on upstream production and downstream processing of coal and related energy products.

The company’s core activities include coal mining, washing and processing, and the sale and distribution of thermal and coking coal to industrial and utility customers.

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