China Coal Energy (CCOZY) Projected to Post Earnings on Saturday

China Coal Energy (OTCMKTS:CCOZY) is anticipated to release its resultson Saturday, April 25th. Analysts expect China Coal Energy to post earnings of $0.8790 per share and revenue of $5.6468 billion for the quarter.

China Coal Energy Stock Performance

OTCMKTS CCOZY opened at $34.00 on Friday. China Coal Energy has a 12 month low of $18.64 and a 12 month high of $34.00. The stock has a market cap of $22.54 billion, a P/E ratio of 8.54 and a beta of -0.21. The stock’s fifty day moving average price is $31.97 and its 200-day moving average price is $29.21.

Analyst Ratings Changes

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