China Coal Energy (OTCMKTS:CCOZY) Stock Price Up 1.7% – Should You Buy?

Shares of China Coal Energy Company Limited (OTCMKTS:CCOZY) traded up 1.7% on Friday . The company traded as high as $24.00 and last traded at $24.00. 100 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 1,039 shares. The stock had previously closed at $23.60.

China Coal Energy Stock Up 1.7 %

The business has a fifty day simple moving average of $24.32 and a two-hundred day simple moving average of $22.92. The company has a current ratio of 1.24, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27. The company has a market cap of $15.91 billion, a PE ratio of 6.03 and a beta of -0.10.

China Coal Energy (OTCMKTS:CCOZY) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.01 EPS for the quarter. China Coal Energy had a return on equity of 10.19% and a net margin of 10.70%. The business had revenue of $6.62 billion for the quarter. As a group, equities research analysts predict that China Coal Energy Company Limited 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.