Free Trial

China Coal Energy (OTCMKTS:CCOZY) Stock Passes Above 50 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) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $22.86 and traded as high as $25.98. China Coal Energy shares last traded at $25.98, with a volume of 512 shares changing hands.

China Coal Energy Stock Performance

The business's 50 day moving average is $22.99 and its 200-day moving average is $22.22. The firm has a market capitalization of $17.22 billion, a price-to-earnings ratio of 6.53 and a beta of -0.10.

China Coal Energy (OTCMKTS:CCOZY - Get Free Report) last released its quarterly earnings results on Friday, August 23rd. The company reported $1.22 EPS for the quarter. The business had revenue of $6.57 billion during the quarter. China Coal Energy had a return on equity of 10.24% and a net margin of 10.78%. Equities research analysts forecast that China Coal Energy Company Limited will post 4.01 EPS for the current fiscal year.

China Coal Energy Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, November 7th. Investors of record on Monday, September 9th will be given a dividend of $0.487 per share. The ex-dividend date of this dividend is Monday, September 9th. China Coal Energy's payout ratio is currently 38.44%.

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.

Featured Articles

Should you invest $1,000 in China Coal Energy right now?

Before you consider China Coal Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Coal Energy wasn't on the list.

While China Coal Energy currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Can Blackwell Propel the Stock to $200+ in 2025?
These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines