China Coal Energy (OTCMKTS:CCOZY) Reaches New 12-Month High – Should You Buy?

China Coal Energy Co. (OTCMKTS:CCOZYGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $29.40 and last traded at $28.50, with a volume of 202 shares traded. The stock had previously closed at $27.04.

China Coal Energy Stock Up 5.4%

The firm has a 50-day moving average price of $26.11 and a 200 day moving average price of $24.02. The firm has a market capitalization of $18.89 billion, a PE ratio of 7.16 and a beta of -0.21.

China Coal Energy Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, November 5th. Investors of record on Tuesday, September 9th will be issued a $0.3474 dividend. The ex-dividend date is Monday, September 8th. This represents a yield of 349.0%. China Coal Energy’s dividend payout ratio (DPR) is 17.34%.

About China Coal Energy

(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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