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Kunlun Energy (OTCMKTS:KLYCY) Shares Gap Up - Here's What Happened

Kunlun Energy logo with Energy background

Key Points

  • Kunlun Energy shares gapped up before trading on Monday, opening at $10.15 after a previous close of $9.60, with a trading volume of 134 shares.
  • The company announced a dividend of $0.1612 per share with a remarkable yield of 314.0%, which was paid to shareholders on August 4th.
  • Kunlun Energy is involved in the exploration and production of crude oil and natural gas, operating through multiple segments including Natural Gas Sales and Liquefied Natural Gas Processing.
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Kunlun Energy (OTCMKTS:KLYCY - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $9.60, but opened at $10.15. Kunlun Energy shares last traded at $10.15, with a volume of 134 shares trading hands.

Kunlun Energy Stock Performance

The company has a fifty day simple moving average of $9.81 and a two-hundred day simple moving average of $9.84. The company has a current ratio of 1.60, a quick ratio of 1.57 and a debt-to-equity ratio of 0.17.

Kunlun Energy Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 4th. Shareholders of record on Wednesday, June 4th were given a dividend of $0.1612 per share. The ex-dividend date of this dividend was Tuesday, June 3rd. This represents a yield of 314.0%.

Kunlun Energy Company Profile

(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.

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