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China Coal Energy (OTCMKTS:CCOZY) Stock Crosses Below 200 Day Moving Average - Here's What Happened

China Coal Energy logo with Oils/Energy background

China Coal Energy Company Limited (OTCMKTS:CCOZY - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $23.16 and traded as low as $22.00. China Coal Energy shares last traded at $22.00, with a volume of 313 shares.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of China Coal Energy from a "hold" rating to a "strong sell" rating in a research note on Wednesday, January 8th.

Get Our Latest Report on China Coal Energy

China Coal Energy Stock Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.24 and a quick ratio of 1.16. The company's fifty day simple moving average is $24.15 and its two-hundred day simple moving average is $23.23. The stock has a market cap of $14.58 billion, a price-to-earnings ratio of 5.53 and a beta of -0.16.

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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