Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up - Should You Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $10.38, but opened at $10.90. Yankuang Energy Group shares last traded at $10.95, with a volume of 749 shares traded.

Yankuang Energy Group Price Performance

The stock's 50-day moving average is $10.70 and its 200-day moving average is $10.54. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.88 and a quick ratio of 0.81.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last posted its quarterly earnings data 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. Equities research analysts expect 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 announced a dividend, which will be paid on Monday, July 21st. Shareholders of record on Monday, June 9th will be paid a $0.5958 dividend. The ex-dividend date is Friday, June 6th. This is a positive change from Yankuang Energy Group's previous dividend of $0.33. This represents a dividend yield of 19.66%.

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.

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