Kunlun Energy (OTCMKTS:KLYCY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 677 shares changed hands during mid-day trading, an increase of 3% from the previous session's volume of 656 shares.The stock last traded at $9.35 and had previously closed at $9.58.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded Kunlun Energy from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Sell".
View Our Latest Stock Analysis on KLYCY
Kunlun Energy Stock Performance
The company has a current ratio of 1.60, a quick ratio of 1.57 and a debt-to-equity ratio of 0.17. The company has a fifty day moving average of $9.63 and a two-hundred day moving average of $9.81.
Kunlun Energy Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, November 7th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.185 per share. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a yield of 367.0%. This is an increase from Kunlun Energy's previous dividend of $0.16.
Kunlun Energy Company Profile
(
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Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production.
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