China Coal Energy (OTCMKTS:CCOZY) Shares Pass Above 50-Day Moving Average of $20.59

China Coal Energy Company Limited (OTCMKTS:CCOZY) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $20.59 and traded as high as $21.70. China Coal Energy shares last traded at $21.60, with a volume of 628 shares trading hands.

China Coal Energy Stock Performance

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 1.22. The company has a market cap of $14.32 billion, a price-to-earnings ratio of 5.44 and a beta of -0.11. The firm’s 50-day moving average price is $20.57 and its 200 day moving average price is $21.25.

China Coal Energy (OTCMKTS:CCOZY) last released its earnings results on Friday, August 23rd. The company reported $1.22 EPS for the quarter. The firm had revenue of $6.57 billion during the quarter. China Coal Energy had a net margin of 10.78% and a return on equity of 10.24%. On average, sell-side analysts anticipate that China Coal Energy Company Limited will post 4.01 EPS for the current year.

China Coal Energy Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, November 7th. Investors of record on Monday, September 9th will be issued a $0.487 dividend. The ex-dividend date is Monday, September 9th. China Coal Energy’s dividend payout ratio is presently 38.54%.

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.