CHINA COAL ENER/ADR (OTCMKTS:CCOZY) shares were down 4.4% on Wednesday . The stock traded as low as $7.86 and last traded at $7.88, approximately 215 shares traded hands during trading. An increase of 3,739% from the average daily volume of 6 shares. The stock had previously closed at $8.24.
Separately, Zacks Investment Research cut shares of CHINA COAL ENER/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th.
The company has a quick ratio of 0.64, a current ratio of 0.73 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $5.46 billion, a P/E ratio of 7.65 and a beta of 1.11. The company has a fifty day moving average price of $8.24 and a 200-day moving average price of $7.90.
China Coal Energy Company Limited primarily mines for, processes, produces, and sells coal in the People's Republic of China and internationally. It operates through Coal, Coal-Chemical, Mining Machinery, and Others segments. The company offers thermal and coking coal. It also produces and sells polyolefin, methanol, urea, and other coal chemical products, as well as coke; researches and develops, designs, manufactures, and sells coal mining machinery and equipment; and provides after-sales services.
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