Yankuang Energy Group (OTCMKTS:YZCAY) Sees Large Volume Increase – Time to Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) shares saw an uptick in trading volume on Monday . 2,532 shares traded hands during trading, a decline of 36% from the previous session’s volume of 3,962 shares.The stock last traded at $17.50 and had previously closed at $17.21.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

Yankuang Energy Group Stock Up 1.9%

The stock has a market capitalization of $16.96 billion, a price-to-earnings ratio of 10.63 and a beta of 0.24. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.46. The stock has a 50 day moving average price of $14.31 and a 200 day moving average price of $13.51.

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.