Shares of Kunlun Energy (OTCMKTS:KLYCY – Get 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
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.
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