Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – Time to Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $9.89, but opened at $10.31. Yankuang Energy Group shares last traded at $10.02, with a volume of 1,315 shares traded.

Yankuang Energy Group Price Performance

The business’s 50 day moving average is $10.75 and its 200 day moving average is $10.72. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.81 and a current ratio of 0.89.

Yankuang Energy Group (OTCMKTS:YZCAY) last released its quarterly earnings data on Sunday, April 27th. The energy company reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $4.17 billion for the quarter. On average, sell-side analysts anticipate that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 earnings per share for the current year.

Yankuang Energy Group Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, July 21st. Investors of record on Monday, June 9th will be paid a dividend of $0.5958 per share. This is a positive change from Yankuang Energy Group’s previous dividend of $0.33. This represents a yield of 19.66%. The ex-dividend date of this dividend is Friday, June 6th.

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.