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Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Down - Time to Sell?

Yankuang Energy Group logo with Energy background

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $10.54, but opened at $10.04. Yankuang Energy Group shares last traded at $10.04, with a volume of 416 shares changing hands.

Yankuang Energy Group Stock Down 1.5%

The stock has a fifty day moving average price of $10.71 and a two-hundred day moving average price of $10.56.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last posted its earnings results on Sunday, April 27th. The energy company reported $0.37 EPS for the quarter. The firm had revenue of $4.17 billion for the quarter. On average, sell-side analysts forecast that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current fiscal year.

Yankuang Energy Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, June 9th will be issued a $0.5958 dividend. This represents a dividend yield of 19.66%. This is an increase from Yankuang Energy Group's previous dividend of $0.33. The ex-dividend date is Friday, June 6th.

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.

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