China Coal Energy (OTC:CCOZF) Shares Down 11.7% – Should You Sell?

Shares of China Coal Energy Company Limited (OTC:CCOZFGet Free Report) were down 11.7% during mid-day trading on Thursday . The stock traded as low as $1.18 and last traded at $1.18. Approximately 340 shares traded hands during trading, a decline of 90% from the average daily volume of 3,325 shares. The stock had previously closed at $1.33.

China Coal Energy Stock Performance

The company’s 50 day moving average price is $1.23 and its 200-day moving average price is $1.15.

China Coal Energy Company Profile

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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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