China Coal Energy (CCOZY) Expected to Announce Earnings on Friday

China Coal Energy (OTCMKTS:CCOZY) is expected to issue its results before the market opens on Friday, March 27th. Analysts expect the company to announce earnings of $1.75 per share and revenue of $11.1936 billion for the quarter.

China Coal Energy Price Performance

Shares of OTCMKTS:CCOZY opened at $30.83 on Wednesday. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 7.74 and a beta of -0.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.05 and a quick ratio of 0.98. The firm has a 50 day simple moving average of $30.25 and a 200 day simple moving average of $28.10. China Coal Energy has a one year low of $18.64 and a one year high of $31.05.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of China Coal Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, China Coal Energy currently has a consensus rating of “Strong Buy”.

About China Coal Energy

China Coal Energy Co, Ltd. is a major coal producer and integrated energy company in the People’s Republic of China. It operates as the publicly traded arm of the state-owned China National Coal Group and has securities available on mainland and Hong Kong exchanges, with a U.S. over-the-counter quotation under the symbol CCOZY. The company’s business model centers on upstream production and downstream processing of coal and related energy products.

The company’s core activities include coal mining, washing and processing, and the sale and distribution of thermal and coking coal to industrial and utility customers.