Yankuang Energy Group (OTCMKTS:YZCAY) Sees Large Volume Increase - What's Next?

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.

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - ) saw an uptick in trading volume on Friday . 3,150 shares traded 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 Stock Performance

The company's fifty day simple moving average is $10.80 and its 200 day simple moving average is $10.60. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.88 and a quick ratio of 0.81.

Yankuang Energy Group Increases Dividend

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

Yankuang Energy Group Company Profile

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.

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