Yankuang Energy Group (OTCMKTS:YZCAY) Stock Price Down 7.4% – What’s Next?

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) fell 7.4% during mid-day trading on Tuesday . The stock traded as low as $16.18 and last traded at $16.18. Approximately 136 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 2,591 shares. The stock had previously closed at $17.4792.

Analysts Set New Price Targets

Separately, Zacks Research cut Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Yankuang Energy Group has a consensus rating of “Hold”.

Yankuang Energy Group Trading Down 3.7%

The stock has a market cap of $15.65 billion, a price-to-earnings ratio of 9.09 and a beta of 0.13. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.47. The business’s 50 day simple moving average is $15.67 and its 200 day simple moving average is $17.37.

Yankuang Energy Group (OTCMKTS:YZCAY) last released its quarterly earnings data on Monday, August 31st. The energy company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.37). The firm had revenue of $10.45 billion for the quarter, compared to the consensus estimate of $6.45 billion. On average, research analysts expect that Yankuang Energy Group Company Limited Sponsored ADR will post 2.44 EPS for the current fiscal year.

Yankuang Energy Group Company Profile

Yankuang Energy Group Co, Ltd. is a China-based energy and resources company formerly known as Yanzhou Coal Mining Co, Ltd. The company is headquartered in Jining, Shandong Province, and is affiliated with Yankuang Group. Its shares trade in mainland China and Hong Kong, while its American depositary shares trade over the counter under the symbol YZCAY.

The company’s principal business is the exploration, mining, processing and sale of coal. It produces thermal coal for power generation as well as coal used in industrial applications.