China Coal Energy (OTCMKTS:CCOZY - Get Free Report) was downgraded by The Goldman Sachs Group from a "hold" rating to a "strong sell" rating in a report issued on Wednesday,Zacks.com reports.
China Coal Energy Price Performance
Shares of China Coal Energy stock remained flat at $25.90 during trading hours on Wednesday. The stock had a trading volume of 134 shares, compared to its average volume of 1,020. The company has a market cap of $17.17 billion, a price-to-earnings ratio of 6.51 and a beta of -0.13. China Coal Energy has a 52-week low of $18.81 and a 52-week high of $28.10. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 1.24. The business has a 50 day moving average price of $24.55 and a two-hundred day moving average price of $23.14.
China Coal Energy (OTCMKTS:CCOZY - Get Free Report) last issued its 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 during the quarter. On average, research analysts forecast that China Coal Energy will post 4.01 EPS for the current year.
About China Coal Energy
(
Get Free Report)
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.
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