Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up - Still a Buy?

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $9.96, but opened at $10.59. Yankuang Energy Group shares last traded at $10.59, with a volume of 481 shares.

Yankuang Energy Group Stock Up 6.3%

The stock's 50 day moving average price is $10.69 and its two-hundred day moving average price is $10.62.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last posted its earnings results on Sunday, April 27th. The energy company reported $0.37 EPS for the quarter. The business had revenue of $4.17 billion during the quarter. Research analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current fiscal year.

Yankuang Energy Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, July 21st. Shareholders of record on Monday, June 9th will be given a dividend of $0.5958 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a yield of 19.66%. This is a boost 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.

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