Yankuang Energy Group (OTCMKTS:YZCAY) Sees Strong Trading Volume – What’s Next?
by Danessa Lincoln · The Markets DailyYankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 10,214 shares were traded during mid-day trading, an increase of 327% from the previous session’s volume of 2,393 shares.The stock last traded at $12.70 and had previously closed at $12.60.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Yankuang Energy Group from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.
View Our Latest Stock Analysis on Yankuang Energy Group
Yankuang Energy Group Stock Performance
The firm’s fifty day simple moving average is $13.76 and its 200 day simple moving average is $12.24. The company has a market capitalization of $12.35 billion, a PE ratio of 7.74 and a beta of 0.22. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.88 and a quick ratio of 0.81.
About Yankuang Energy Group
Yankuang Energy Group Company Limited engages in the mining, preparation, and sale of coal in China and internationally. It offers thermal, PCI, and coking coal for electric power, metallurgy, chemical industry, etc.; manufactures, installs, and sells mining equipment and machinery; manufactures and sells coal mining and excavating equipment, cable, and rubber products; manufactures and sells methanol, acetic acid, ethyl acetate, caprolactam, naphtha, crude liquid wax, etc.; produces and sells chemicals and synthesis catalyst; explores for potash mineral; and sells coal mine machinery equipment and accessories, construction materials, petroleum products, and mineral products.
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