Yankuang Energy Group (OTCMKTS:YZCAY) Hits New 52-Week High – Time to Buy?

Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $17.20 and last traded at $17.04, with a volume of 10063 shares trading hands. The stock had previously closed at $16.24.

Wall Street Analysts Forecast Growth

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

Yankuang Energy Group Stock Up 4.9%

The company has a debt-to-equity ratio of 0.46, a current ratio of 0.79 and a quick ratio of 0.72. The firm has a market capitalization of $16.48 billion, a P/E ratio of 10.33 and a beta of 0.24. The firm’s fifty day moving average price is $13.73 and its 200-day moving average price is $13.22.

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.