China Coal Energy (OTCMKTS:CCOZY) Stock Rating Upgraded by The Goldman Sachs Group

China Coal Energy (OTCMKTS:CCOZY) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

China Coal Energy Price Performance

OTCMKTS CCOZY opened at $27.50 on Monday. The company has a market cap of $18.23 billion, a P/E ratio of 6.91 and a beta of -0.18. China Coal Energy has a one year low of $18.64 and a one year high of $29.40. The business has a fifty day moving average price of $27.52 and a 200 day moving average price of $26.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.98 and a current ratio of 1.05.

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.