Yankuang Energy Group (OTCMKTS:YZCAY) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.56 and traded as high as $13.60. Yankuang Energy Group shares last traded at $13.60, with a volume of 1,350 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Yankuang Energy Group from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Yankuang Energy Group Stock Performance

The stock has a 50 day moving average of $12.80 and a 200 day moving average of $11.56. The company has a market capitalization of $13.15 billion, a price-to-earnings ratio of 8.24 and a beta of 0.30. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.53.

Yankuang Energy Group (OTCMKTS:YZCAY) last released its earnings results on Friday, August 29th. The energy company reported $0.28 earnings per share 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 analyst estimates of $7.36 billion. As a group, analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.58 EPS for the current year.

Yankuang Energy Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, November 3rd. Investors of record on Monday, September 15th will be paid a dividend of $0.1772 per share. This represents a yield of 913.0%. The ex-dividend date of this dividend is Friday, September 12th. Yankuang Energy Group’s dividend payout ratio (DPR) is currently 21.82%.

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.