Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) shares fell 3.3% during trading on Tuesday. The stock traded as low as $14.00 and last traded at $14.00. Approximately 324 shares traded hands during trading, a decline of 88% from the average session volume of 2,627 shares. The stock had previously closed at $14.4850.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Stock Analysis on YZCAY
Yankuang Energy Group Stock Down 4.6%
The company’s 50-day simple moving average is $15.77 and its 200 day simple moving average is $16.58. The firm has a market capitalization of $13.37 billion, a PE ratio of 7.77 and a beta of 0.19.
Yankuang Energy Group (OTCMKTS:YZCAY – Get Free Report) last posted its quarterly earnings data on Monday, August 31st. The energy company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.93 by ($0.37). The company had revenue of $10.45 billion for the quarter, compared to analysts’ expectations of $6.45 billion. On average, sell-side analysts forecast that Yankuang Energy Group Company Limited Sponsored ADR will post 2.50 earnings per share for the current fiscal year.
About Yankuang Energy Group
Yankuang Energy Group Co, Ltd., formerly known as Yanzhou Coal Mining Co, Ltd., is a China-based energy and natural resources company. Its principal business is the exploration, mining, processing and sale of thermal and metallurgical coal, which is supplied to electricity producers, industrial users and other customers.
The company also has operations in coal-related chemicals, electricity generation, mining equipment manufacturing, logistics and other energy businesses. Through its international subsidiaries and investments, including Yancoal Australia, Yankuang Energy has maintained coal-mining and marketing activities in Australia in addition to its operations in China.
Yanzhou Coal Mining was established in 1997 and adopted the name Yankuang Energy Group in 2021 as part of a broader expansion beyond traditional coal mining.
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