China Coal Energy (OTCMKTS:CCOZY) Stock Rating Lowered by The Goldman Sachs Group

China Coal Energy (OTCMKTS:CCOZY) was downgraded by The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a research note issued on Wednesday,Zacks.com reports.

China Coal Energy Stock Performance

OTCMKTS:CCOZY opened at $25.90 on Wednesday. The firm has a market capitalization of $17.17 billion, a P/E ratio of 6.51 and a beta of -0.13. The company has a quick ratio of 1.16, a current ratio of 1.24 and a debt-to-equity ratio of 0.27. The company has a fifty day moving average of $24.53 and a 200 day moving average of $23.13. China Coal Energy has a 52 week low of $18.81 and a 52 week high of $28.10.

China Coal Energy (OTCMKTS:CCOZY) last released its earnings results on Wednesday, October 23rd. The company reported $1.01 EPS for the quarter. The firm had revenue of $6.62 billion for the quarter. China Coal Energy had a return on equity of 10.19% and a net margin of 10.70%. On average, research analysts predict that China Coal Energy will post 4.01 earnings per share for the current year.

About China Coal Energy

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities.