Yankuang Energy Group (OTCMKTS:YZCAY) Shares Gap Down – Here’s Why

Shares of Yankuang Energy Group Company Limited Sponsored ADR (OTCMKTS:YZCAY) gapped down before the market opened on Friday . The stock had previously closed at $13.8550, but opened at $13.40. Yankuang Energy Group shares last traded at $13.40, with a volume of 391 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Yankuang Energy Group from a “strong sell” rating to a “hold” rating in a research note on Monday, November 24th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Yankuang Energy Group presently has an average rating of “Hold”.

Yankuang Energy Group Stock Performance

The firm’s 50 day moving average is $13.35 and its 200 day moving average is $12.54.

Yankuang Energy Group Company Profile

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.