China Coal Energy (OTCMKTS:CCOZY) Shares Gap Down – Time to Sell?

China Coal Energy Co. (OTCMKTS:CCOZYGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $33.1244, but opened at $29.59. China Coal Energy shares last traded at $29.59, with a volume of 100 shares trading hands.

China Coal Energy Stock Down 10.7%

The firm has a market cap of $19.62 billion, a P/E ratio of 7.43 and a beta of -0.33. The company’s 50-day simple moving average is $32.98 and its 200 day simple moving average is $30.95. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.07 and a quick ratio of 1.00.

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.

Featured Articles

Receive News & Ratings for China Coal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Coal Energy and related companies with MarketBeat.com's FREE daily email newsletter.