China Coal Energy (OTCMKTS:CCOZY) Cut to Hold at The Goldman Sachs Group

China Coal Energy (OTCMKTS:CCOZY – Get Free Report) was downgraded by research analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

China Coal Energy Price Performance

OTCMKTS CCOZY opened at $29.19 on Tuesday. 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 1.00, a current ratio of 1.07 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $29.46 and its 200-day simple moving average is $31.16. The firm has a market cap of $19.35 billion, a PE ratio of 7.33 and a beta of -0.31.

About China Coal Energy

(Get Free Report)

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.

See Also

Receive News & Ratings for China Coal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Coal Energy and related companies with MarketBeat.com's FREE daily email newsletter.