Yankuang Energy Group (OTCMKTS:YZCAY) Sees Unusually-High Trading Volume – Here’s Why

by · The Markets Daily

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) saw strong trading volume on Thursday . 3,000 shares changed hands during trading, an increase of 23% from the previous session’s volume of 2,433 shares.The stock last traded at $14.20 and had previously closed at $14.30.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Get Our Latest Stock Analysis on YZCAY

Yankuang Energy Group Price Performance

The company has a 50 day moving average price of $13.26 and a two-hundred day moving average price of $12.81. The stock has a market cap of $13.73 billion, a PE ratio of 8.79 and a beta of 0.25.

About Yankuang Energy Group

(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.

Featured Stories