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Kunlun Energy (OTCMKTS:KLYCY) Sees Strong Trading Volume - Time to Buy?

Kunlun Energy logo with Energy background

Kunlun Energy (OTCMKTS:KLYCY - Get Free Report) saw strong trading volume on Friday . 3,100 shares traded hands during mid-day trading, an increase of 311% from the previous session's volume of 755 shares.The stock last traded at $9.79 and had previously closed at $9.77.

Kunlun Energy Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 1.60 and a quick ratio of 1.57. The business's 50-day simple moving average is $10.09 and its two-hundred day simple moving average is $9.87.

Kunlun Energy Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, August 4th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.1612 per share. The ex-dividend date is Tuesday, June 3rd. This represents a dividend yield of 3.14%.

About Kunlun Energy

(Get Free Report)

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.

Further Reading

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