China Coal Energy Co. (OTCMKTS:CCOZY – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 360 shares, a growth of 81.8% from the September 15th total of 198 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 658 shares, the short-interest ratio is currently 0.5 days.
China Coal Energy Price Performance
Shares of OTCMKTS CCOZY opened at $29.19 on Thursday. The business’s 50 day moving average price is $29.37 and its 200 day moving average price is $31.03. The firm has a market cap of $19.35 billion, a P/E ratio of 7.33 and a beta of -0.13. China Coal Energy has a 52 week low of $24.62 and a 52 week high of $34.00. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded China Coal Energy from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has a consensus rating of “Hold”.
China Coal Energy Company Profile
China Coal Energy Company Limited is a China-based energy and mining company engaged primarily in the production and sale of coal. Its activities include coal exploration, mining, processing and marketing, with products serving power generation, steelmaking and other industrial customers. The company produces thermal coal and coking coal, as well as related coal products.
The company also operates businesses connected to the coal value chain, including coal-to-chemicals and coal-based power generation.
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