YECO stock: buy or sell?

YECO stock price: $0.12 9.09% At close on May 12th, 2020

Updated on:
May 12th, 2020

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On April/24 YECO plummed a dreadful -140.00%. Yulong Eco-Materials boosted an exceptional 9.09% and closed at $0.12. Counting May/12, it's been 5 climbing sessions in a row, adding $0.07 or 140.00%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Yulong Eco-Materials stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean YECO will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Yulong Eco-Materials stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for YECO stock for the last month.

YECO stock analysis

Daily outlook

Yulong Eco-Materials closed on May/12 at $0.12 and boosted an exceptional 9.09%.

Yulong Eco-Materials boosted an exceptional 9.09% and closed at $0.12. On March, YECO hit new all time highs, pushing higher previous ATH of $0.25 recorded on March. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

YECO stock chart (daily)

Weekly outlook

Late April YECO plummed a hair-raising -140.00% in just one week. Yulong Eco-Materials skyrocketed a dazzling 9.09% this week. This week was the 3rd green week in a row.

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 chart (weekly)

YECO stock price history

YECO stock went public on September with a price of $0.111. 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 with a price of $0.30.

YECO stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for Yulong Eco-Materials stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

YECO earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2015-Q4-n/an/an/a
2016-Q1-n/an/an/a
2016-Q2-n/an/an/a
2016-Q3-n/an/an/a
2016-Q4-n/an/an/a
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a

Yulong Eco-Materials ownership

When you are planning to buy a stock, it's worth to have a look 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.

The following table compares ownership indicators for other stocks related to Yulong Eco-Materials:

YECO
Market cap$3.4 M
Total shares28.4 M
Float shares27.4 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

YECO summary

Tuesday, May 12th, 2020
Open$0.15
Close$0.12
Day range$0.12 - $0.20
Previous close$0.11
Session gain9.09%
Average true range$0.08
50d mov avg$0.00
100d mov avg$0.00
200d mov avg$0.00
Daily pattern
Weekly pattern

Yulong Eco-Materials performance

To measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for Yulong Eco-Materials stock.
Stock3m6m12m
YECOYulong Eco-Materi...0.00%0.00%0.00%

Yulong Eco-Materials competitors

Unfortunately, we could not find any public company that could be defined as Yulong Eco-Materials competitor. This doesn't mean Yulong Eco-Materials does not have any competitor in the market, it's just we could not detected it.