Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY – Get Free Report) shares gapped up before the market opened on Monday. The stock had previously closed at $13.67, but opened at $14.99. Yankuang Energy Group shares last traded at $14.99, with a volume of 206 shares changing hands.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Yankuang Energy Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Yankuang Energy Group has a consensus rating of “Hold”.
Get Our Latest Report on Yankuang Energy Group
Yankuang Energy Group Price Performance
The business has a 50 day simple moving average of $15.03 and a 200-day simple moving average of $16.63. The stock has a market capitalization of $14.14 billion, a price-to-earnings ratio of 8.21 and a beta of 0.33.
Yankuang Energy Group (OTCMKTS:YZCAY – Get Free Report) last released its quarterly earnings results on Monday, August 31st. The energy company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.37). The business had revenue of $10.45 billion during the quarter, compared to analysts’ expectations of $6.45 billion. As a group, equities analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.50 earnings per share for the current year.
Yankuang Energy Group Company Profile
Yankuang Energy Group Company Limited is a China-based energy and mining company engaged primarily in coal mining, processing and sales. Its operations also include coal chemicals, power generation, railway and port logistics, and mining equipment manufacturing.
The company was formerly known as Yanzhou Coal Mining Company and adopted the Yankuang Energy name in 2022. Its business has expanded beyond its roots in Shandong Province to include coal and energy operations in other parts of China and Australia, including through its investment in Yancoal Australia.
Yankuang Energy supplies coal and related products to customers in industries such as power generation, steelmaking and chemicals.
See Also
- Five stocks we like better than Yankuang Energy Group
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
Receive News & Ratings for Yankuang Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yankuang Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.
