Kunlun Energy (OTCMKTS:KLYCY) Raised to “Hold” at Zacks Research

Kunlun Energy (OTCMKTS:KLYCYGet Free Report) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Kunlun Energy Trading Up 3.8%

Shares of OTCMKTS KLYCY opened at $10.22 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.73 and a quick ratio of 1.70. The firm has a fifty day moving average of $9.18 and a 200 day moving average of $9.50. Kunlun Energy has a one year low of $7.77 and a one year high of $11.76.

Kunlun Energy Company Profile

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Kunlun Energy Co Ltd. is a China-based natural gas company and a subsidiary of China National Petroleum Corporation (CNPC). Through its operating businesses, the company focuses on the processing, transportation, distribution and sale of natural gas to residential, commercial and industrial customers.

Its activities include city-gas distribution, pipeline construction and operation, natural gas processing and storage, and the production and sale of liquefied natural gas (LNG) and compressed natural gas (CNG).

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