Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – What’s Next?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $14.72, but opened at $15.1510. Yankuang Energy Group shares last traded at $15.1510, with a volume of 1,844 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Yankuang Energy Group Price Performance

The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.80 and a current ratio of 0.85. The company’s fifty day moving average price is $15.84 and its 200 day moving average price is $17.28. The firm has a market capitalization of $14.65 billion, a price-to-earnings ratio of 8.51 and a beta of 0.13.

Yankuang Energy Group (OTCMKTS:YZCAY) last issued its earnings results on Monday, August 31st. The energy company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.37). The business had revenue of $10.45 billion for the quarter, compared to analysts’ expectations of $6.45 billion. Equities research analysts expect that Yankuang Energy Group Company Limited Sponsored ADR will post 2.5 earnings per share for the current year.

Yankuang Energy Group Company Profile

Yankuang Energy Group Co, Ltd. is a China-based energy and resources company formerly known as Yanzhou Coal Mining Co, Ltd. The company is headquartered in Jining, Shandong Province, and is affiliated with Yankuang Group. Its shares trade in mainland China and Hong Kong, while its American depositary shares trade over the counter under the symbol YZCAY.

The company’s principal business is the exploration, mining, processing and sale of coal. It produces thermal coal for power generation as well as coal used in industrial applications.