Kunlun Energy (OTCMKTS:KLYCY) Trading 4.6% Higher – Still a Buy?

Shares of Kunlun Energy (OTCMKTS:KLYCYGet Free Report) rose 4.6% during trading on Wednesday . The company traded as high as $9.83 and last traded at $9.83. Approximately 928 shares were traded during mid-day trading, an increase of 12% from the average daily volume of 829 shares. The stock had previously closed at $9.40.

Kunlun Energy Stock Up 4.6%

The stock has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $9.85. The company has a quick ratio of 1.57, a current ratio of 1.60 and a debt-to-equity ratio of 0.17.

Kunlun Energy Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 4th. Shareholders of record on Wednesday, June 4th will be given a $0.1612 dividend. The ex-dividend date is Tuesday, June 3rd. This represents a dividend yield of 3.14%.

About Kunlun Energy

(Get Free Report)

Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production.

Featured Stories

Receive News & Ratings for Kunlun Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kunlun Energy and related companies with MarketBeat.com's FREE daily email newsletter.