Yankuang Energy Group (OTCMKTS:YZCAY – Get Free Report) announced its quarterly earnings results on Monday. The energy company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.37), Zacks reports.
Yankuang Energy Group Price Performance
Shares of YZCAY traded up $0.62 during midday trading on Monday, hitting $17.87. 2,501 shares of the company traded hands, compared to its average volume of 2,615. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.80 and a current ratio of 0.85. The stock has a market cap of $17.28 billion, a price-to-earnings ratio of 10.10 and a beta of 0.13. Yankuang Energy Group has a 52 week low of $10.64 and a 52 week high of $21.63. The firm has a 50 day moving average of $15.19 and a 200-day moving average of $17.37.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
About Yankuang Energy Group
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.
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