Zacks Research upgraded shares of Kunlun Energy (OTCMKTS:KLYCY – Free Report) from a strong sell rating to a hold rating in a research note issued to investors on Monday,Zacks reports.
Kunlun Energy Stock Up 3.8%
Shares of OTCMKTS:KLYCY opened at $10.22 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.73 and a quick ratio of 1.70. The stock’s 50-day moving average price is $9.18 and its two-hundred day moving average price is $9.50. Kunlun Energy has a 12-month low of $7.77 and a 12-month high of $11.76.
About Kunlun Energy
Kunlun Energy Co Ltd. is a China-based natural gas company and a subsidiary of China National Petroleum Corporation (CNPC). Through its operating businesses, the company focuses on the processing, transportation, distribution and sale of natural gas to residential, commercial and industrial customers.
Its activities include city-gas distribution, pipeline construction and operation, natural gas processing and storage, and the production and sale of liquefied natural gas (LNG) and compressed natural gas (CNG).
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