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Kunlun Energy (OTCMKTS:KLYCY) Shares Up 1.8% - Time to Buy?

Kunlun Energy logo with Energy background

Shares of Kunlun Energy Company Limited (OTCMKTS:KLYCY - Get Free Report) shot up 1.8% during trading on Wednesday . The company traded as high as $10.93 and last traded at $10.93. 16 shares were traded during trading, a decline of 97% from the average session volume of 639 shares. The stock had previously closed at $10.73.

Kunlun Energy Price Performance

The company has a current ratio of 1.61, a quick ratio of 1.58 and a debt-to-equity ratio of 0.19. The stock's fifty day simple moving average is $9.93 and its 200 day simple moving average is $9.91.

Kunlun Energy Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 4th. Stockholders of record on Wednesday, June 4th will be paid a $0.1612 dividend. 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.

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