Yankuang Energy Group (OTCMKTS:YZCAY) Sets New 12-Month High – Here’s What Happened

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) hit a new 52-week high on Thursday . The stock traded as high as $14.7365 and last traded at $14.7365, with a volume of 2629 shares traded. The stock had previously closed at $14.52.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Yankuang Energy Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Yankuang Energy Group Stock Down 2.5%

The company has a market cap of $13.90 billion, a PE ratio of 8.71 and a beta of 0.28. The firm has a 50-day simple moving average of $13.20 and a two-hundred day simple moving average of $11.76. 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 (OTCMKTS:YZCAY) last posted its quarterly earnings data on Friday, August 29th. The energy company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.36). The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $7.36 billion. Research analysts anticipate that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 earnings per share for the current fiscal year.

Yankuang Energy Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 3rd. Stockholders of record on Monday, September 15th were paid a dividend of $0.1772 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a dividend yield of 913.0%. Yankuang Energy Group’s dividend payout ratio is currently 21.21%.

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.