Shares of China Coal Energy Co. (OTCMKTS:CCOZY – Get Free Report) gapped up before the market opened 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 traded.
China Coal Energy Price Performance
The stock has a market capitalization of $18.56 billion, a price-to-earnings ratio of 7.04 and a beta of -0.31. The company has a quick ratio of 1.00, a current ratio of 1.07 and a debt-to-equity ratio of 0.23. The stock has a fifty day moving average of $29.53 and a 200-day moving average of $31.24.
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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