Yankuang Energy Group (OTCMKTS:YZCAY – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.
Yankuang Energy Group Price Performance
YZCAY stock traded down $0.01 during trading on Tuesday, hitting $14.17. 1,752 shares of the stock traded hands, compared to its average volume of 1,600. The stock has a market cap of $13.70 billion, a price-to-earnings ratio of 8.58 and a beta of 0.25. Yankuang Energy Group has a 1 year low of $9.18 and a 1 year high of $15.13. The firm’s 50 day moving average is $13.33 and its two-hundred day moving average is $12.63.
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.
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