Kunlun Energy (OTCMKTS:KLYCY) Stock Price Down 3.4% - Time to Sell?

Key Points

• Kunlun Energy's stock price fell by 3.4% during mid-day trading, reaching a low of $9.25 before closing at $9.73.
• The company recently paid a dividend of $0.1612 per share, resulting in an impressive yield of 314.0% for shareholders.
• Kunlun Energy operates in the exploration, development, production, and sale of crude oil and natural gas through four key segments.

Kunlun Energy (OTCMKTS:KLYCY - Get Free Report)'s stock price dropped 3.4% during trading on Monday . The company traded as low as $9.25 and last traded at $9.73. Approximately 386 shares changed hands during trading, an increase of 92% from the average daily volume of 201 shares. The stock had previously closed at $10.07.

Kunlun Energy Trading Down 3.3%

The company has a current ratio of 1.60, a quick ratio of 1.57 and a debt-to-equity ratio of 0.17. The business's fifty day moving average is $9.88 and its 200 day moving average is $9.85.

Kunlun Energy Cuts Dividend

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

Kunlun Energy Company Profile

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.