China Coal Energy (OTCMKTS:CCOZY) Hits New 52-Week High at $26.24

Shares of China Coal Energy Company Limited (OTCMKTS:CCOZY) hit a new 52-week high during trading on Friday . The company traded as high as $26.24 and last traded at $25.15, with a volume of 1492 shares changing hands. The stock had previously closed at $22.30.

China Coal Energy Trading Up 12.8 %

The stock has a market cap of $16.67 billion, a P/E ratio of 5.62 and a beta of -0.11. The company has a current ratio of 1.22, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. The stock’s fifty day moving average price is $20.54 and its 200 day moving average price is $21.30.

China Coal Energy (OTCMKTS:CCOZY) last announced its earnings results on Friday, August 23rd. The company reported $1.22 EPS for the quarter. The firm had revenue of $6.57 billion for the quarter. China Coal Energy had a net margin of 10.78% and a return on equity of 10.24%. Equities research analysts expect that China Coal Energy Company Limited will post 4.01 earnings per share for the current year.

China Coal Energy Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, November 7th. Stockholders of record on Monday, September 9th will be given a $0.487 dividend. The ex-dividend date is Monday, September 9th. China Coal Energy’s dividend payout ratio is presently 38.79%.

About China Coal Energy

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.