Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up - What's Next?

Key Points

• Yankuang Energy Group shares gapped up from a previous close of $10.64 to open at $12.30, before last trading at $11.84 with a volume of 1,448 shares.
• The company reported a quarterly EPS of $0.28, missing analysts' estimates of $0.64, while revenue fell significantly below expectations at $3.27 billion compared to the forecast of $7.36 billion.
• Yankuang Energy Group has a debt-to-equity ratio of 0.53 and a current ratio of 0.88, indicating its financial health in terms of leverage and liquidity.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $10.64, but opened at $12.30. Yankuang Energy Group shares last traded at $11.84, with a volume of 1,448 shares trading hands.

Yankuang Energy Group Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 0.88. The firm's fifty day simple moving average is $11.33 and its 200 day simple moving average is $10.86.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last issued its quarterly earnings data on Friday, August 29th. The energy company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.64 by ($0.36). The company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $7.36 billion. On average, analysts forecast that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, November 3rd. Investors of record on Monday, September 15th will be given a $0.1772 dividend. This represents a yield of 913.0%. The ex-dividend date of this dividend is Friday, September 12th.

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.