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

Kunlun Energy logo with Energy background

Kunlun Energy (OTCMKTS:KLYCY - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $9.44, but opened at $10.38. Kunlun Energy shares last traded at $10.38, with a volume of 129 shares changing hands.

Kunlun Energy Stock Performance

The company's 50 day moving average price is $10.08 and its 200-day moving average price is $9.82. The company has a quick ratio of 1.57, a current ratio of 1.60 and a debt-to-equity ratio of 0.17.

Kunlun Energy Cuts Dividend

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

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.

Further Reading

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