Kunlun Energy (OTCMKTS:KLYCY) Shares Gap Up – Here’s What Happened

Kunlun Energy (OTCMKTS:KLYCY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $9.3475, but opened at $9.8325. Kunlun Energy shares last traded at $9.8325, with a volume of 122 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Kunlun Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Kunlun Energy presently has an average rating of “Hold”.

Kunlun Energy Stock Performance

The firm has a fifty day moving average price of $9.22 and a two-hundred day moving average price of $9.51.

Kunlun Energy Company Profile

Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production.