Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – Here’s What Happened

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) gapped up before the market opened on Monday . The stock had previously closed at $11.51, but opened at $12.00. Yankuang Energy Group shares last traded at $12.00, with a volume of 933 shares trading hands.

Yankuang Energy Group Price Performance

The firm has a 50 day moving average of $11.02 and a 200-day moving average of $10.77. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.88 and a quick ratio of 0.81.

Yankuang Energy Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, June 9th were paid a dividend of $0.5958 per share. This is a boost from Yankuang Energy Group’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, June 6th. This represents a yield of 1,966.0%.

About Yankuang Energy Group

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.