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Yankuang Energy Group (OTCMKTS:YZCAY) Sees Strong Trading Volume - Still a Buy?

Yankuang Energy Group logo with Energy background

Key Points

  • Yankuang Energy Group's share trading volume increased by 14% on Friday, reaching 3,150 shares.
  • The company declared a new dividend of $0.5958, significantly higher than the previous dividend of $0.33, leading to an exceptional dividend yield of 1,966.0%.
  • Yankuang Energy Group has a current ratio of 0.88 and a debt-to-equity ratio of 0.53, indicating a relatively stable financial position.
  • Five stocks we like better than Yankuang Energy Group.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 3,150 shares changed hands during trading, an increase of 14% from the previous session's volume of 2,775 shares.The stock last traded at $11.25 and had previously closed at $11.41.

Yankuang Energy Group Trading Down 0.0%

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 business has a fifty day moving average of $10.80 and a two-hundred day moving average of $10.61.

Yankuang Energy Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 21st. Investors of record on Monday, June 9th were given a dividend of $0.5958 per share. The ex-dividend date was Friday, June 6th. This represents a dividend yield of 1,966.0%. This is an increase from Yankuang Energy Group's previous dividend of $0.33.

About Yankuang Energy Group

(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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