Yankuang Energy Group (OTCMKTS:YZCAY) Shares Down 4.8% – Time to Sell?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) traded down 4.8% during trading on Friday . The company traded as low as $12.54 and last traded at $12.54. 222 shares traded hands during trading, a decline of 91% from the average session volume of 2,410 shares. The stock had previously closed at $13.17.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of 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 data from MarketBeat, the stock presently has an average rating of “Hold”.

Yankuang Energy Group Price Performance

The company has a market cap of $12.13 billion, a PE ratio of 7.60 and a beta of 0.28. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.53. The firm has a 50 day simple moving average of $13.76 and a 200-day simple moving average of $12.14.

Yankuang Energy Group (OTCMKTS:YZCAY) last released 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 business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $7.36 billion. As a group, research analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 earnings per share for the current fiscal year.

Yankuang Energy Group Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, November 3rd. Investors of record on Monday, September 15th were given a dividend of $0.1772 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a yield of 913.0%. Yankuang Energy Group’s dividend payout ratio is presently 21.21%.

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.