Yankuang Energy Group (OTCMKTS:YZCAY) Sees Unusually-High Trading Volume – Here’s Why

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) saw unusually-strong trading volume on Monday . Approximately 2,090 shares were traded during mid-day trading, an increase of 121% from the previous session’s volume of 944 shares.The stock last traded at $12.52 and had previously closed at $12.25.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Yankuang Energy Group from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Yankuang Energy Group Stock Up 2.2%

The company has a fifty day moving average price of $13.35 and a 200-day moving average price of $12.46. The stock has a market capitalization of $11.85 billion, a P/E ratio of 7.59 and a beta of 0.25.

Yankuang Energy Group Company Profile

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.