Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $13.67, but opened at $14.99. Yankuang Energy Group shares last traded at $14.99, with a volume of 206 shares traded.
Analyst Ratings Changes
Separately, Zacks Research cut 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. Based on data from MarketBeat, the stock has an average rating of “Hold”.
View Our Latest Research Report on YZCAY
Yankuang Energy Group Price Performance
Yankuang Energy Group (OTCMKTS:YZCAY – Get Free Report) last released its earnings results on Monday, August 31st. The energy company reported $0.56 earnings per share 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 analysts’ expectations of $6.45 billion. As a group, research analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.50 EPS for the current year.
About Yankuang Energy Group
Yankuang Energy Group Company Limited is a China-based energy and mining company engaged primarily in coal mining, processing and sales. Its operations also include coal chemicals, power generation, railway and port logistics, and mining equipment manufacturing.
The company was formerly known as Yanzhou Coal Mining Company and adopted the Yankuang Energy name in 2022. Its business has expanded beyond its roots in Shandong Province to include coal and energy operations in other parts of China and Australia, including through its investment in Yancoal Australia.
Yankuang Energy supplies coal and related products to customers in industries such as power generation, steelmaking and chemicals.
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