YECO stock: buy or sell?
April 6th, 2020
Yulong Eco-Materials Limited manufactures and sells eco-friendly building products in the People's Republic of China. The company offers fly-ash and recycled bricks, ready-mixed concrete products, and recycled aggregates.
Should I buy YECO stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Yulong Eco-Materials stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Yulong Eco-Materials stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for YECO stock for the last month.
YECO stock analysis
After topping to all time highs on March 26th, Yulong Eco-Materials plunged -40.00% today to $0.12.
After reaching all time highs on March/26, Yulong Eco-Materials plunged -40.00% today to $0.12. On Mar 26th, YECO hit new all time highs, pushing higher previous ATH of $0.25 recorded on Mar 25th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of Yulong Eco-Materials ended this week at $0.12 and plummed a frightening -40.00%. Late September 2019 YECO climbed a super good 100.00% in just one week.
Not so far away is the last price record Yulong Eco-Materials marked late March, but since then it dropped a 60.00%.
YECO stock price history
YECO IPO was on September at $0.11 per share1. Since then, YECO stock surged a 9.10%, with a yearly average of inf%. If you had invested right after YECO's IPO a $1,000 in YECO stock in 2019, it would worth $91.00 today.
1: Adjusted price after possible price splits or reverse-splits.
YECO stock historical price chart
YECO stock reached all-time highs on March 26th with a price of $0.30.
YECO stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' YECO stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for Yulong Eco-Materials stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Yulong Eco-Materials ownershipWhen you are planning to invest in shares of a stock, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Yulong Eco-Materials, 0.00% of all outstanding shares are owned by its staff.
In case of Yulong Eco-Materials stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for YECO stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$3.4 M|
|Total shares||28.4 M|
|Float shares||27.4 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$0.12 - $0.12|
|Average true range||$0.00|
|50d mov avg||$0.00|
|100d mov avg||$0.00|
|200d mov avg||$0.00|
Yulong Eco-Materials performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Yulong Eco-Materials performance to :