Yankuang Energy Group (OTCMKTS:YZCAY) Reaches New 1-Year High – Time to Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $14.70 and last traded at $14.70, with a volume of 3836 shares changing hands. The stock had previously closed at $14.12.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Yankuang Energy Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Yankuang Energy Group currently has a consensus rating of “Sell”.

Yankuang Energy Group Stock Down 2.0%

The business’s 50 day simple moving average is $12.65 and its 200 day simple moving average is $11.41. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.81 and a current ratio of 0.88.

Yankuang Energy Group (OTCMKTS:YZCAY) last issued its quarterly earnings results on Friday, August 29th. The energy company reported $0.28 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. Sell-side analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 3rd. Investors of record on Monday, September 15th will be given a dividend of $0.1772 per share. This represents a yield of 913.0%. The ex-dividend date of this dividend is Friday, September 12th.

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.