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China Coal Energy (OTCMKTS:CCOZY) Shares Gap Up - What's Next?

China Coal Energy logo with Energy background

Key Points

  • China Coal Energy shares gapped up from a previous close of $24.14 to open at $26.35, indicating strong market interest.
  • The company has a market capitalization of $17.47 billion and a P/E ratio of 6.62, suggesting it may be undervalued compared to peers.
  • China Coal Energy engages in coal production and chemical trading, offering various products including polyolefin and methanol.
  • Its stock has a relatively low beta of -0.20, indicating less volatility compared to the market.
  • Interested in China Coal Energy? Here are five stocks we like better.

China Coal Energy Co. (OTCMKTS:CCOZY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $24.14, but opened at $26.35. China Coal Energy shares last traded at $26.35, with a volume of 100 shares trading hands.

China Coal Energy Stock Performance

The firm has a 50 day moving average price of $23.20 and a 200-day moving average price of $22.16. The firm has a market capitalization of $17.47 billion, a P/E ratio of 6.62 and a beta of -0.20.

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.

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