CHINA COAL ENER/ADR (OTCMKTS:CCOZY) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of CHINA COAL ENER/ADR (OTCMKTS:CCOZY) from a sell rating to a hold rating in a research report report published on Tuesday morning, Zacks.com reports.

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. “

Separately, Credit Suisse Group upgraded shares of United Microelectronics from an underperform rating to a neutral rating in a research report on Wednesday, April 24th.

Shares of CCOZY opened at $7.81 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 7.58 and a beta of 1.13. The business’s 50 day simple moving average is $7.83. CHINA COAL ENER/ADR has a 12-month low of $7.80 and a 12-month high of $9.24.

CHINA COAL ENER/ADR Company Profile

China Coal Energy Company Limited primarily mines for, processes, produces, and sells coal in the People's Republic of China and internationally. It operates through Coal, Coal-Chemical, Mining Machinery, and Others segments. The company offers thermal and coking coal. It also produces and sells polyolefin, methanol, urea, and other coal chemical products, as well as coke; researches and develops, designs, manufactures, and sells coal mining machinery and equipment; and provides after-sales services.

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