YECO stock: buy or sell?

YECO stock price: $0.12 -40.00% At close on April 6th, 2020

Updated on:
April 6th, 2020

0

Yulong Eco-Materials plunged -40.00% today to $0.12 after topping to all time highs on March 26th. On March/25 YECO skyrocketed an amazing 37.50%. With Monday it's been 3 sliding days in a row, loosing $-0.12 (-80.00%).

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?

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.

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?

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

Daily outlook

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.

YECO stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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

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 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:

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

Monday, April 6th, 2020
Open$0.12
Close$0.12
Day range$0.12 - $0.12
Previous close$0.20
Session gain-40.00%
Average true range$0.00
50d mov avg$0.00
100d mov avg$0.00
200d mov avg$0.00
Daily pattern
Weekly pattern

Yulong Eco-Materials performance

Performance 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 :
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.