China Coal Energy (OTCMKTS:CCOZY) Reaches New 1-Year High – Time to Buy?

Posted by Doug Wharley on Oct 12th, 2024

Shares of China Coal Energy Company Limited (OTCMKTS:CCOZY – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $28.10 and last traded at $26.51, with a volume of 2244 shares trading hands. The stock had previously closed at $24.85.

China Coal Energy Stock Performance

The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 6.77 and a beta of -0.10. The stock’s fifty day moving average is $21.61 and its two-hundred day moving average is $21.66.

China Coal Energy (OTCMKTS:CCOZY – Get Free Report) last released its quarterly earnings results on Friday, August 23rd. The company reported $1.22 EPS for the quarter. China Coal Energy had a return on equity of 10.24% and a net margin of 10.78%. The business had revenue of $6.57 billion for the quarter. Sell-side analysts anticipate 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. Investors of record on Monday, September 9th will be paid a $0.487 dividend. The ex-dividend date of this dividend is Monday, September 9th. China Coal Energy’s dividend payout ratio (DPR) is presently 38.60%.

China Coal Energy Company Profile

(Get Free Report)

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.