China Coal Energy (CCOZY) to Release Earnings on Saturday

China Coal Energy (OTCMKTS:CCOZY) is projected to announce its results before the market opens on Saturday, March 28th. Analysts expect the company to announce earnings of $1.75 per share and revenue of $11.1936 billion for the quarter.

China Coal Energy Price Performance

Shares of OTCMKTS:CCOZY opened at $30.83 on Friday. China Coal Energy has a twelve month low of $18.64 and a twelve month high of $31.05. The stock’s 50 day moving average is $30.12 and its 200-day moving average is $28.02. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $20.43 billion, a price-to-earnings ratio of 7.74 and a beta of -0.17.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of China Coal Energy from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

China Coal Energy Company Profile

China Coal Energy Co, Ltd. is a major coal producer and integrated energy company in the People’s Republic of China. It operates as the publicly traded arm of the state-owned China National Coal Group and has securities available on mainland and Hong Kong exchanges, with a U.S. over-the-counter quotation under the symbol CCOZY. The company’s business model centers on upstream production and downstream processing of coal and related energy products.

The company’s core activities include coal mining, washing and processing, and the sale and distribution of thermal and coking coal to industrial and utility customers.