Kunlun Energy (OTCMKTS:KLYCY – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $9.64 and traded as high as $9.65. Kunlun Energy shares last traded at $9.65, with a volume of 411 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Kunlun Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, September 14th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on KLYCY
Kunlun Energy Stock Performance
The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.76 and a current ratio of 1.80. The firm has a 50-day moving average price of $9.78 and a 200-day moving average price of $9.64.
About Kunlun Energy
Kunlun Energy Company Limited is a China-based natural gas company and a subsidiary of PetroChina Company Limited. The company focuses on the development, processing, transportation, storage and distribution of natural gas, serving residential, commercial, industrial and transportation customers.
Its activities include natural gas sales, city-gas distribution, pipeline transmission, compressed natural gas and liquefied natural gas operations, as well as the construction and operation of related infrastructure.
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