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Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up - Here's What Happened

Yankuang Energy Group logo with Energy background

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $10.25, but opened at $10.75. Yankuang Energy Group shares last traded at $10.75, with a volume of 464 shares changing hands.

Yankuang Energy Group Stock Performance

The stock's 50 day simple moving average is $10.72 and its 200-day simple moving average is $10.58.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last released its earnings results on Sunday, April 27th. The energy company reported $0.37 earnings per share for the quarter. The firm had revenue of $4.17 billion for the quarter. As a group, sell-side analysts anticipate 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 disclosed 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 is an increase from Yankuang Energy Group's previous dividend of $0.33. This represents a dividend yield of 19.66%. 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.

Further Reading

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