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Yankuang Energy Group (OTCMKTS:YZCAY) Reaches New 52-Week High - Here's Why

Yankuang Energy Group logo with Energy background

Key Points

  • Yankuang Energy Group reached a new 52-week high of $14.00, with a trading volume of 1,972 shares.
  • Zacks Research downgraded the company from a "hold" to a "strong sell" rating, contributing to its current average rating of "Sell".
  • The company reported $0.28 EPS for the last quarter, significantly missing the consensus estimate of $0.64.
  • Five stocks to consider instead of Yankuang Energy Group.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $14.00 and last traded at $14.00, with a volume of 1972 shares traded. The stock had previously closed at $13.93.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Yankuang Energy Group from a "hold" rating to a "strong sell" rating in a research report on Friday, September 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of "Sell".

Check Out Our Latest Report on Yankuang Energy Group

Yankuang Energy Group Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 0.88. The company has a 50-day simple moving average of $12.41 and a 200-day simple moving average of $11.26.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last released its earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.36). The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $7.36 billion. As a group, equities research analysts forecast that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, November 3rd. Investors of record on Monday, September 15th will be issued a $0.1772 dividend. The ex-dividend date is Friday, September 12th. This represents a dividend yield of 913.0%.

Yankuang Energy Group Company Profile

(Get Free Report)

Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.

Further Reading

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