Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – Here’s Why

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $12.93, but opened at $13.8450. Yankuang Energy Group shares last traded at $13.60, with a volume of 2,227 shares.

Analysts Set New Price Targets

Separately, Zacks Research raised Yankuang Energy Group from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Yankuang Energy Group Stock Up 2.7%

The company has a market capitalization of $13.12 billion, a price-to-earnings ratio of 8.45 and a beta of 0.25. The business has a 50-day moving average price of $13.35 and a 200-day moving average price of $12.52.

Yankuang Energy Group Company Profile

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.