China Coal Energy Unspon (CCOZY) Downgraded by Zacks Investment Research
China Coal Energy Unspon (NASDAQ:CCOZY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
According to Zacks, “China Coal Energy Company Limited is engaged in integrating engineering and technological service businesses comprising of coal production, sales and trading. It deals in coal chemical, coal mining equipment manufacturing, pit mouth power generation, coal mine design etc. The main businesses of the Company are coking operations, coal mining equipment manufacturing and coal mine design and consultation. Coal business involves in production and distribution of steam coal and coking coal. Coking business provides metallurgy coke and forging coke. Coke mining equipment business offers hydraulic supports, scraper conveyors, loaders, boring machines, shearers and mining electrical motors, among others. China Coal Energy Company Limited is headquartered in Beijing, China. “
Shares of China Coal Energy Unspon (CCOZY) traded down 3.33% during mid-day trading on Tuesday, reaching $9.88. The company’s stock had a trading volume of 100 shares. The company has a market capitalization of $6.57 billion and a price-to-earnings ratio of 13.00. China Coal Energy Unspon has a 1-year low of $9.34 and a 1-year high of $10.83. The company’s 50 day moving average price is $10.23 and its 200-day moving average price is $10.47.
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