Yankuang Energy Group (OTCMKTS:YZCAY) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Yankuang Energy Group's share price has recently crossed above its 200-day moving average of $10.76, trading as high as $11.51 with a recent volume of 415 shares.
• The company has announced an increase in its dividend to $0.5958 per share, reflecting a substantial yield of 1,966.0%, up from the previous dividend of $0.33.
• Yankuang Energy Group maintains solid financial metrics with a debt-to-equity ratio of 0.53, indicating a strong financial position in the mining and energy sector.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.76 and traded as high as $11.51. Yankuang Energy Group shares last traded at $11.51, with a volume of 415 shares changing hands.

Yankuang Energy Group Stock Down 2.5%

The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. The company's 50-day moving average is $11.12 and its two-hundred day moving average is $10.79.

Yankuang Energy Group Increases Dividend

The company also recently declared 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. This represents a dividend yield of 1,966.0%. This is an increase from Yankuang Energy Group's previous dividend of $0.33. The ex-dividend date of this dividend 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.