Yankuang Energy Group (OTCMKTS:YZCAY) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

Yankuang Energy Group Company Limited (OTCMKTS:YZCAY)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.01 and traded as high as $11.35. Yankuang Energy Group shares last traded at $11.12, with a volume of 1,273 shares trading hands.

Yankuang Energy Group Trading Up 2.2%

The company’s 50-day simple moving average is $10.53 and its 200 day simple moving average is $11.01. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.81 and a current ratio of 0.89.

Yankuang Energy Group (OTCMKTS:YZCAY) last issued its quarterly earnings results on Sunday, April 27th. The energy company reported $0.37 EPS for the quarter. The business had revenue of $4.17 billion for the quarter. As a group, sell-side analysts expect that Yankuang Energy Group Company Limited will post 2.58 earnings per share for the current fiscal year.

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.