Yanzhou Coal Mining Co. (YZC) Jumps: Stock Rises 6% – Tale of the Tape

ZacksYanzhou Coal Mining Co. Ltd. (YZC) was a big mover last session, as its shares rose a little over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading above the volatile price range of $7.98 to $8.61.

Over the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Yanzhou Coal Mining currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other coal mining stocks worth considering include Foresight Energy LP (FELP), Natural Resource Partners LP (NRP) and Hallador Energy Company (HNRG). All three carry a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply