Yankuang Energy Group (OTCMKTS:YZCAY) Sees Large Volume Increase – Still a Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) shares saw unusually-strong trading volume on Thursday. 12,067 shares traded hands during trading, an increase of 376% from the previous session’s volume of 2,535 shares. The stock last traded at $14.9146 and had previously closed at $14.72.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded 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, Yankuang Energy Group presently has a consensus rating of “Hold”.

Yankuang Energy Group Stock Performance

The company has a 50 day moving average of $15.88 and a 200-day moving average of $17.22. The stock has a market cap of $14.42 billion, a price-to-earnings ratio of 8.38 and a beta of 0.13. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.80 and a current ratio of 0.85.

Yankuang Energy Group (OTCMKTS:YZCAY) last issued 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 firm had revenue of $10.45 billion for the quarter, compared to analyst estimates of $6.45 billion. On average, research analysts anticipate that Yankuang Energy Group Company Limited Sponsored ADR will post 2.5 earnings per share for the current 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.