Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Up – Still a Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) gapped up before the market opened on Thursday . The stock had previously closed at $16.24, but opened at $17.1750. Yankuang Energy Group shares last traded at $17.36, with a volume of 784 shares.

Analyst Ratings Changes

Separately, Zacks Research raised Yankuang Energy Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Yankuang Energy Group Stock Up 1.4%

The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.46. The business’s fifty day moving average price is $13.73 and its two-hundred day moving average price is $13.22. The firm has a market cap of $16.72 billion, a P/E ratio of 10.48 and a beta of 0.24.

Yankuang Energy Group Company Profile

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.