China Coal Energy Unspon (NASDAQ:CCOZY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, July 4th.
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 (NASDAQ CCOZY) traded down 8.14% on Tuesday, hitting $9.82. 100 shares of the company traded hands. China Coal Energy Unspon has a 12 month low of $9.34 and a 12 month high of $10.83. The company has a market capitalization of $6.53 billion and a PE ratio of 13.27. The stock’s 50-day moving average price is $10.34 and its 200-day moving average price is $10.46.
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