Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – Here’s What Happened

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) gapped up before the market opened on Friday . The stock had previously closed at $14.11, but opened at $14.63. Yankuang Energy Group shares last traded at $14.63, with a volume of 100 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Yankuang Energy Group Trading Up 0.1%

The company’s 50 day simple moving average is $13.28 and its two-hundred day simple moving average is $12.92. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $14.14 billion, a price-to-earnings ratio of 8.87 and a beta of 0.25.

About Yankuang Energy Group

Yankuang Energy Group Co, Ltd. is a state-owned enterprise based in Jining, Shandong Province, China, primarily engaged in coal mining and comprehensive energy services. As one of the largest coal producers in Shandong, the company’s core operations include the exploration, extraction and processing of thermal and coking coal. In addition to its traditional coal business, Yankuang Energy Group has extended its operations into coal chemical production, power generation and related engineering services to support China’s broader energy transition.

The company’s coal chemical segment produces a range of downstream products, including methanol, ammonia, fertilizers and other industrial chemicals derived from coal gasification processes.