China Coal Energy Co. (OTCMKTS:CCOZY – Get Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $29.40 and last traded at $28.50, with a volume of 202 shares trading hands. The stock had previously closed at $27.04.
China Coal Energy Price Performance
The company has a market capitalization of $18.89 billion, a price-to-earnings ratio of 7.16 and a beta of -0.21. The stock has a 50 day simple moving average of $26.11 and a two-hundred day simple moving average of $24.02.
China Coal Energy Announces Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Tuesday, September 9th will be paid a $0.3474 dividend. The ex-dividend date is Monday, September 8th. This represents a yield of 349.0%. China Coal Energy’s dividend payout ratio (DPR) is currently 17.34%.
About China Coal Energy
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.
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