ValuEngine Downgrades Yanzhou Coal Mining (YZCAY) to Hold
ValuEngine cut shares of Yanzhou Coal Mining (OTCMKTS:YZCAY) from a buy rating to a hold rating in a report issued on Tuesday morning.
Separately, Zacks Investment Research upgraded Yanzhou Coal Mining from a hold rating to a buy rating and set a $12.00 price target on the stock in a report on Tuesday, September 26th.
Yanzhou Coal Mining (OTCMKTS:YZCAY) opened at $14.62 on Tuesday. Yanzhou Coal Mining has a fifty-two week low of $6.91 and a fifty-two week high of $12.94. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.86 and a current ratio of 0.92.
About Yanzhou Coal Mining
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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