China Coal Energy (OTCMKTS:CCOZY) Shares Gap Down – Here’s Why

China Coal Energy Co. (OTCMKTS:CCOZY) gapped down before the market opened on Thursday . The stock had previously closed at $33.1244, but opened at $28.89. China Coal Energy shares last traded at $28.89, with a volume of 175 shares trading hands.

China Coal Energy Stock Performance

The stock has a market cap of $19.15 billion, a price-to-earnings ratio of 7.26 and a beta of -0.33. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.07 and a quick ratio of 1.00. The firm has a fifty day moving average of $33.49 and a 200 day moving average of $30.90.

China Coal Energy Company Profile

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.