Yankuang Energy Group (OTCMKTS:YZCAY) Shares Pass Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Yankuang Energy Group's stock has recently surpassed its 200-day moving average, trading at $12.11 while the average stands at $10.56.
• The company announced a dividend increase, with a recent payment of $0.5958 per share, translating to a yield of 19.66%—a rise from the previous dividend of $0.33.
• For the latest quarter, Yankuang Energy reported $0.37 earnings per share and revenue of $4.17 billion, with analysts predicting EPS of 2.58 for the current fiscal year.

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.56 and traded as high as $12.22. Yankuang Energy Group shares last traded at $12.11, with a volume of 2,092 shares.

Yankuang Energy Group Stock Down 3.7%

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 business has a 50 day moving average of $10.79 and a 200 day moving average of $10.56.

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

Yankuang Energy Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, June 9th were paid a $0.5958 dividend. This represents a yield of 19.66%. This is a boost from Yankuang Energy Group's previous dividend of $0.33. The ex-dividend date was Friday, June 6th.

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.