Shares of Kunlun Energy (OTCMKTS:KLYCY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $9.4255, but opened at $9.87. Kunlun Energy shares last traded at $9.87, with a volume of 1,205 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded shares of Kunlun Energy from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.
View Our Latest Report on KLYCY
Kunlun Energy Stock Performance
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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