Yankuang Energy Group (OTCMKTS:YZCAY) Stock Crosses Above 200 Day Moving Average - Here's What Happened

Key Points

• Yankuang Energy Group (OTCMKTS:YZCAY) shares have recently crossed above their 200-day moving average, trading at $13.03 against an average of $11.25.
• The company's recent earnings report revealed an EPS of $0.28, significantly lower than the consensus estimate of $0.64, reflecting challenges in meeting revenue expectations.
• Yankuang has announced a dividend of $0.1772 per share, representing a yield of 913.0%, with payment scheduled for November 3rd.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.25 and traded as high as $13.03. Yankuang Energy Group shares last traded at $13.03, with a volume of 490 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Yankuang Energy Group from a "hold" rating to a "strong sell" rating in a report on Friday, September 26th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Yankuang Energy Group has an average rating of "Sell".

Yankuang Energy Group Trading Down 3.1%

The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. The company's 50-day moving average is $12.36 and its 200-day moving average is $11.25.

Yankuang Energy Group (OTCMKTS:YZCAY - Get Free Report) last posted its quarterly earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate 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. Equities analysts expect that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

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

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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