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

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

China Coal Energy Stock Up 1.7 %

The business’s 50 day moving average is $24.32 and its 200-day moving average is $22.92. The stock has a market cap of $15.91 billion, a price-to-earnings ratio of 6.03 and a beta of -0.10. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 1.24.

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

China Coal Energy Company Profile

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.