YECO stock: buy or sell?
May 12th, 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?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.
|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?
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
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.
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 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 targetHow 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
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Yulong Eco-Materials ownershipWhen 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:
|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%|
|Tuesday, May 12th, 2020|
|Day range||$0.12 - $0.20|
|Average true range||$0.08|
|50d mov avg||$0.00|
|100d mov avg||$0.00|
|200d mov avg||$0.00|
Yulong Eco-Materials performanceTo measure stock performance is always good to compare with competitors or related stocks. We chose as the bechmarking frame for Yulong Eco-Materials stock.