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

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) saw strong trading volume on Thursday . 1,752 shares were traded during trading, an increase of 10% from the previous session’s volume of 1,600 shares.The stock last traded at $14.1650 and had previously closed at $14.17.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock has an average rating of “Strong Buy”.

Yankuang Energy Group Price Performance

The company’s 50-day moving average is $13.33 and its 200-day moving average is $12.63. The firm has a market capitalization of $13.70 billion, a price-to-earnings ratio of 8.58 and a beta of 0.25.

About Yankuang Energy Group

Yankuang Energy Group Co, Ltd. is a state-owned enterprise based in Jining, Shandong Province, China, primarily engaged in coal mining and comprehensive energy services. As one of the largest coal producers in Shandong, the company’s core operations include the exploration, extraction and processing of thermal and coking coal. In addition to its traditional coal business, Yankuang Energy Group has extended its operations into coal chemical production, power generation and related engineering services to support China’s broader energy transition.

The company’s coal chemical segment produces a range of downstream products, including methanol, ammonia, fertilizers and other industrial chemicals derived from coal gasification processes.