Zacks Research Downgrades Yankuang Energy Group (OTCMKTS:YZCAY) to Hold

Yankuang Energy Group (OTCMKTS:YZCAYGet Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Yankuang Energy Group Price Performance

Shares of Yankuang Energy Group stock opened at $15.80 on Monday. The business has a 50 day moving average of $15.23 and a 200 day moving average of $17.30. Yankuang Energy Group has a 52 week low of $10.64 and a 52 week high of $21.63. The company has a market cap of $15.28 billion, a PE ratio of 8.93 and a beta of 0.13. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.47.

Yankuang Energy Group Company Profile

(Get Free Report)

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.

Further Reading

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