Zacks Investment Research upgraded shares of Kunlun Energy Comp (NASDAQ:KLYCY) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday morning.

According to Zacks, “Kunlun Energy Company Limited is an investment holding company. It engages in the business of exploration and production of crude oil and natural gas through its subsidiaries. The company’s operating segment consists of Exploration and Production, and Natural Gas Distribution. Exploration and Production segment engages in the exploration, development, production and sale of crude oil and natural gas. Natural Gas Distribution segment engages in the sale of natural gas and the transmission of natural gas primarily in China. KunLun Energy Co. Ltd. is headquartered in Hong Kong. “

Kunlun Energy Comp (NASDAQ KLYCY) opened at $8.80 on Wednesday. Kunlun Energy Comp has a 1 year low of $7.02 and a 1 year high of $10.28.

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