China Coal Energy (OTCMKTS:CCOZY) Lowered to Strong Sell Rating by The Goldman Sachs Group

China Coal Energy (OTCMKTS:CCOZY) was downgraded by analysts at The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.

China Coal Energy Stock Performance

Shares of CCOZY opened at $25.90 on Wednesday. China Coal Energy has a twelve month low of $18.81 and a twelve month high of $28.10. The stock has a market cap of $17.17 billion, a PE ratio of 6.51 and a beta of -0.13. The company has a quick ratio of 1.16, a current ratio of 1.24 and a debt-to-equity ratio of 0.27. The business’s 50-day moving average price is $24.53 and its 200-day moving average price is $23.13.

China Coal Energy (OTCMKTS:CCOZY) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $1.01 EPS for the quarter. China Coal Energy had a net margin of 10.70% and a return on equity of 10.19%. The company had revenue of $6.62 billion during the quarter. On average, equities analysts forecast that China Coal Energy will post 4.01 EPS for the current fiscal year.

China Coal Energy Company Profile

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.