Yankuang Energy Group (OTCMKTS:YZCAY) Stock Falls 5.5% – Time to Sell?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) traded down 5.5% during trading on Wednesday. The company traded as low as $14.3340 and last traded at $14.3340. Approximately 2,015 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 2,591 shares. The stock had previously closed at $15.1660.

Analysts Set New Price Targets

Separately, Zacks Research cut Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Yankuang Energy Group Price Performance

The company’s 50-day moving average price is $15.91 and its 200-day moving average price is $17.15. The company has a market cap of $13.86 billion, a P/E ratio of 8.05 and a beta of 0.13. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.85 and a quick ratio of 0.80.

Yankuang Energy Group (OTCMKTS:YZCAY) last issued its quarterly earnings results on Monday, August 31st. The energy company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.37). The firm had revenue of $10.45 billion during the quarter, compared to the consensus estimate of $6.45 billion. As a group, sell-side analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.5 earnings per share for the current fiscal year.

About Yankuang Energy Group

Yankuang Energy Group Co, Ltd. is a China-based energy and mining company formerly known as Yanzhou Coal Mining Co, Ltd. The company is principally engaged in the exploration, mining, processing and sale of coal, serving power generation, industrial and other energy-related customers.

In addition to its coal operations, Yankuang Energy has interests in coal-to-chemicals and other chemical products, electricity and heat generation, mining equipment manufacturing, and logistics and transportation services.