Yanzhou Coal Mining Co Ltd (YZC) Sets New 52-Week High at $7.00
Yanzhou Coal Mining Co Ltd (NYSE:YZC) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $7.00 and last traded at $7.00, with a volume of 34,424 shares trading hands. The stock had previously closed at $6.68.
Separately, Goldman Sachs Group Inc. upgraded shares of Yanzhou Coal Mining Co from a “sell” rating to a “neutral” rating in a research note on Thursday, March 24th.
The company has a market cap of $3.43 billion and a price-to-earnings ratio of 24.93. The company’s 50-day moving average price is $5.90 and its 200-day moving average price is $5.09.
The business also recently declared an annual dividend, which was paid on Wednesday, June 22nd. Stockholders of record on Wednesday, June 22nd were issued a $0.012 dividend. The ex-dividend date was Monday, June 20th.
Yanzhou Coal Mining Company Limited is a coal producer in China and Australia, which is primarily engaged in the mining, washing, processing and distribution of coal through railway transportation. The Company’s segments include Coal mining, which is engaged in underground and open-cut mining, preparation and sales of coal and potash mineral exploration; Coal railway transportation, which is engaged in the provision of railway transportation services; Methanol, electricity and heat supply, which is engaged in the production and sales of methanol and electricity and related heat supply services, and Equipment manufacturing, which is engaged in the manufacturing of coal mining and equipment.
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