Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up - Time to Buy?

Key Points

• Yankuang Energy Group shares experienced a gap up, opening at $12.00 after previously closing at $11.51, with a trading volume of 933 shares.
• The company has announced an increase in its dividend, paying $0.5958 per share, significantly up from the previous $0.33, resulting in a notable yield of 1,966.0%.
• Yankuang Energy Group specializes in the mining and sale of coal and related products, operating both in China and internationally.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report)'s stock price gapped up before the market opened on Monday . The stock had previously closed at $11.51, but opened at $12.00. Yankuang Energy Group shares last traded at $12.00, with a volume of 933 shares traded.

Yankuang Energy Group Stock Performance

The business's fifty day simple moving average is $11.16 and its 200 day simple moving average is $10.80. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53.

Yankuang Energy Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, June 9th were issued a dividend of $0.5958 per share. 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.

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.