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Kunlun Energy (OTCMKTS:KLYCY) Shares Up 4.6% - Should You Buy?

Kunlun Energy logo with Energy background

Kunlun Energy (OTCMKTS:KLYCY - Get Free Report)'s stock price rose 4.6% during mid-day trading on Wednesday . The stock traded as high as $9.83 and last traded at $9.83. Approximately 928 shares traded hands during trading, an increase of 12% from the average daily volume of 829 shares. The stock had previously closed at $9.40.

Kunlun Energy Price Performance

The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.57 and a current ratio of 1.60. The firm has a 50 day moving average price of $10.11 and a 200-day moving average price of $9.84.

Kunlun Energy Cuts Dividend

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

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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