Yankuang Energy Group (OTCMKTS:YZCAY) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Yankuang Energy Group's stock price has exceeded its 200-day moving average, trading at $12.10, indicative of a potential upward trend.
• The company has recently increased its dividend to $0.5958, resulting in a remarkable dividend yield of 1,966.0%.
• Yankuang Energy Group's financial ratios indicate a quick ratio of 0.81 and a current ratio of 0.88, suggesting liquidity challenges.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - )'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.64 and traded as high as $12.10. Yankuang Energy Group shares last traded at $12.10, with a volume of 356 shares trading hands.

Yankuang Energy Group Stock Up 6.1%

The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.53. The company's 50 day simple moving average is $10.80 and its 200 day simple moving average is $10.64.

Yankuang Energy Group Increases Dividend

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

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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