Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Down - Should You Sell?

Key Points

• Yankuang Energy Group shares gapped down from a closing price of $12.10 to an opening price of $11.65, indicating a 4.1% decline in trading.
• The company reported a quarterly EPS of $0.37 with revenues of $4.17 billion, and analysts forecast an annual EPS of 2.58.
• Yankuang Energy Group declared a new dividend of $0.5958 per share, significantly increasing from the previous $0.33, resulting in a yield of 19.66%.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $12.10, but opened at $11.65. Yankuang Energy Group shares last traded at $11.65, with a volume of 319 shares changing hands.

Yankuang Energy Group Price Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 0.88 and a quick ratio of 0.81. The firm has a 50-day simple moving average of $10.80 and a two-hundred day simple moving average of $10.60.

Yankuang Energy Group Increases Dividend

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

About Yankuang Energy Group

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.