Yankuang Energy Group (OTCMKTS:YZCAY) Reaches New 52-Week High – What’s Next?

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) hit a new 52-week high during trading on Thursday . The stock traded as high as $14.7365 and last traded at $14.7365, with a volume of 2629 shares. The stock had previously closed at $14.52.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of Yankuang Energy Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Yankuang Energy Group currently has an average rating of “Sell”.

Yankuang Energy Group Price Performance

The firm’s 50-day moving average price is $13.06 and its 200-day moving average price is $11.71. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $14.25 billion, a PE ratio of 8.93 and a beta of 0.28.

Yankuang Energy Group (OTCMKTS:YZCAY) last announced its earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.36). The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $7.36 billion. On average, equities analysts forecast that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current fiscal year.

Yankuang Energy Group Cuts Dividend

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