Yankuang Energy Group (OTCMKTS:YZCAY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Yankuang Energy Group (OTCMKTS:YZCAY) from a strong sell rating to a hold rating in a research report sent to investors on Monday morning,Zacks.com reports.

Yankuang Energy Group Stock Down 0.8%

OTCMKTS:YZCAY traded down $0.10 during mid-day trading on Monday, hitting $13.17. The stock had a trading volume of 2,767 shares, compared to its average volume of 2,421. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. Yankuang Energy Group has a twelve month low of $9.18 and a twelve month high of $15.13. The company has a market capitalization of $12.74 billion, a PE ratio of 7.98 and a beta of 0.28. The stock has a 50-day simple moving average of $13.77 and a two-hundred day simple moving average of $12.11.

Yankuang Energy Group (OTCMKTS:YZCAY) last announced 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 business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $7.36 billion. On average, equities research analysts anticipate that Yankuang Energy Group will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

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

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.