Shares of China Coal Energy Co. (OTCMKTS:CCOZY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $28.89, but opened at $27.00. China Coal Energy shares last traded at $27.00, with a volume of 530 shares traded.
China Coal Energy Trading Down 6.5%
The company has a debt-to-equity ratio of 0.23, a current ratio of 1.07 and a quick ratio of 1.00. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 6.78 and a beta of -0.31. The business has a 50 day moving average of $29.59 and a 200 day moving average of $31.28.
About China Coal Energy
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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