Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Down – What’s Next?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) shares gapped down prior to trading on Tuesday. The stock had previously closed at $15.1510, but opened at $14.52. Yankuang Energy Group shares last traded at $14.52, with a volume of 294 shares.

Wall Street Analysts Forecast Growth

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

Yankuang Energy Group Price Performance

The firm’s 50-day moving average is $15.89 and its 200-day moving average is $17.10. The company has a market capitalization of $13.98 billion, a P/E ratio of 8.12 and a beta of 0.13. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.85 and a quick ratio of 0.80.

Yankuang Energy Group (OTCMKTS:YZCAY) last released its earnings results 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 company had revenue of $10.45 billion during the quarter, compared to the consensus estimate of $6.45 billion. Analysts predict that Yankuang Energy Group Company Limited Sponsored ADR will post 2.5 EPS for the current fiscal year.

About Yankuang Energy Group

Yankuang Energy Group Co, Ltd. is a China-based energy and mining company formerly known as Yanzhou Coal Mining Co, Ltd. The company is principally engaged in the exploration, mining, processing and sale of coal, serving power generation, industrial and other energy-related customers.

In addition to its coal operations, Yankuang Energy has interests in coal-to-chemicals and other chemical products, electricity and heat generation, mining equipment manufacturing, and logistics and transportation services.