YECO - Yulong Eco-Materials Limited

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
5.08
+0.07 (+13.90%)
At close: 4:00PM EST

4.03 -1.05 (-20.67%)
After hours: 7:59PM EST

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Previous Close4.46
Open4.90
Bid4.03 x 1000
Ask4.16 x 900
Day's Range4.65 - 6.58
52 Week Range1.14 - 17.87
Volume4,838,740
Avg. Volume1,371,606
Market Cap144.328M
Beta (3Y Monthly)-4.13
PE Ratio (TTM)N/A
EPS (TTM)-0.23
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est32.00
Trade prices are not sourced from all markets
  • GlobeNewswire6 hours ago

    Yulong Eco-Materials Limited Announces NASDAQ Delisting

    Yulong Eco-Materials Limited (YECO) (the “Company”), announced today that it has received notice from The Nasdaq Stock Market (“Nasdaq”) that Nasdaq will delist the ordinary shares of the Company. The Company’s ordinary shares will be suspended at the open of business on Friday, December 14, 2018. Nasdaq will file a Form 25 with the Securities and Exchange Commission when all internal appeal periods have run.

  • GlobeNewswire16 hours ago

    Yulong Acquires Michelangelo’s Crucifixion Masterpiece

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has closed the acquisition for Michelangelo’s (Pieta) crucifixion masterpiece. YECO signed a Sale and Purchase Agreement to acquire Michelangelo’s Crucifixion painting for US$75 million on November 19th. CEO and Chairman Daniel Mckinney, said “we are ecstatic to have acquired this rare Michelangelo masterpiece that until now has been largely hidden from public view.

  • GlobeNewswire18 days ago

    Yulong Eco-Materials Limited Announces Results of Special Shareholders Meeting Held in Bangkok, Thailand on November 26, 2018

    Yulong Eco-Materials Limited (YECO) (“Yulong” or the “Company”), hereby announces the results of the Company’s Special Meeting of Shareholders (the “Meeting”) held on November 26 at 10:00 a.m. Bangkok, Thailand, Local Time.

  • GlobeNewswire21 days ago

    Yulong Changes Name to Millennium Fine Art Limited

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has received its updated Certificate of Incorporation Name Change from Cayman Islands Registry of Companies. The Company changed its name to reflect its new business model of using issuances of its Nasdaq stock to acquire rare works of fine art, to develop the value of these acquisitions with exhibitions and media exposure, and open the opportunity of shared ownership of its acquired masterpieces to anyone with a brokerage account.  This will empower investors who have not had the independent financial ability to now share ownership of such works. Through the acquisition of YECO shares, the general public can have fractionalized ownership of a collection of extremely valuable art treasures that until now have been restricted to billionaires, museums and royalty.

  • GlobeNewswire21 days ago

    Yulong Receives Additional Determination Letter from Nasdaq

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has received an additional Determination Letter from Nasdaq dated November 19, 2018. The Company does not comply with Nasdaq’s filing requirements for continued inclusion set forth in Listing Rule 5250(c)(1) (the “Rule”) because it has not filed its Form 20-F for the period ended June 30, 2018. Under our rules, a Company that receives a delist determination for delinquency, can request an appeal to a Hearings Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.

  • GlobeNewswire25 days ago

    Yulong Signs Agreement to Acquire Michelangelo’s Crucifixion Masterpiece

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has signed a Sale and Purchase Agreement to acquire Michelangelo’s Crucifixion painting for US$75 million. The Closing will be contingent upon obtaining YECO shareholder approval, and an Appraisal of the painting for $75 million or more along with authentication letters and other verification documents from the seller. The two parties have 30 days to complete the acquisition.

  • GlobeNewswirelast month

    Yulong Eco-Materials Closes $3 million Private Placement

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has closed $3 million in a private placement with an institutional investor. As disclosed on Nov 7, 2018, the Company sold 1 million ordinary shares at a price of $3.00 per share for gross proceeds of $3 million dollars.  In connection with the private placement, the Company issued a warrant to purchase up to 1 million shares at an exercise price of $5.00 per share.  The warrants are immediately exercisable and expire five years from the date of issuance.  In addition, the Company has agreed to file a registration statement registering the shares and the shares issuable upon exercise of the warrants for resale with the U.S. Securities and Exchange Commission. Further, On Nov 7th, the Company disclosed that it had received a “Staff determination Letter” from Nasdaq pursuant to: (the “Business Combination”) constituted a business combination resulting in a “Change of Control” pursuant to Listing Rule 5110(a) (the “Rule”).1 Accordingly, the post-transaction entity was required to satisfy all of Nasdaq’s initial listing criteria and to complete Nasdaq’s initial listing process, including the payment of all applicable fees, prior to consummation of the transaction.

  • GlobeNewswirelast month

    Yulong Receives Nasdaq Determination Letter

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it received a Determination Letter from Nasdaq. On November 1, 2018, the Company received a “Staff Determination Letter” from Nasdaq pursuant to: (the “Business Combination”) constituted a business combination resulting in a “Change of Control” pursuant to Listing Rule 5110(a) (the “Rule”).1 Accordingly, the post-transaction entity was required to satisfy all of Nasdaq’s initial listing criteria and to complete Nasdaq’s initial listing process, including the payment of all applicable fees, prior to consummation of the transaction.

  • GlobeNewswirelast month

    Yulong Eco-Materials Announces Pricing of $3 million Private Placement

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has entered into a definite purchase agreement with an institutional investor to raise gross proceeds of $3 million in a private placement. Pursuant to the purchase agreement, the Company has agreed to sell 1 million ordinary shares at a price of $3.00 per share for gross proceeds of $3 million dollars.  In connection with the private placement, the Company will issue a warrant to purchase up to 1 million shares at an exercise price of $5.00 per share.  The warrants are immediately exercisable and expire five years from the date of issuance.  In addition, the Company has agreed to file a registration statement registering the shares and the shares issuable upon exercise of the warrants for resale with the U.S. Securities and Exchange Commission.

  • GlobeNewswirelast month

    Yulong Sells China Businesses

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it will sell its China businesses back to the founders, the Yulong Zhu family. The Company will file its 6K with details of the sale, including the Fairness Opinion, Shareholder approval form and Sale contract, on November 5th. The sale includes all assets and debts of the China businesses.

  • ACCESSWIRE2 months ago

    Today’s Research Reports on Stocks to Watch: Yulong Eco-Materials and Goldcorp

    NEW YORK, NY / ACCESSWIRE / October 29, 2018 / Yulong Eco Materials was seeing big gains on Friday. Goldcorp was seeing a bounce after big losses last week on a disappointing third quarter report. Yulong Eco-Materials Limited shares closed up 66.20% on Friday on staggering trading volume compared to usual.

  • Benzinga2 months ago

    Trading Blog: Fighting FOMO

    This past week I’ve been taking my trades on the left coast and, I must say, I could get used to it, especially if I can keep up the results I’ve had so far. This past week has put me up about $35,000 ...

  • GlobeNewswire2 months ago

    Yulong Moves to New York City

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it will hold its Annual General Meeting to elect a new slate of directors for its board on December 3, 2018. The Company will soon file a 6K with the proxy form and location details for our shareholders to vote on the new directors. YECO shareholders voted on September 3rd as disclosed in its 6K filing to approve the Millennium Sapphire acquisition along with changing the name of the corporation to Millennium Enterprises Limited.  The Company is currently processing the name change application with the Cayman Islands Business Registry.

  • ACCESSWIRE2 months ago

    Today’s Research Reports on Stocks to Watch: Yulong Eco-Materials and China Advanced Construction Materials

    NEW YORK, NY / ACCESSWIRE / October 18, 2018 / Shares of Chinese stocks Yulong Eco-Materials and China Advanced Construction Materials Group were both popping on Wednesday. While China Advanced Construction Materials Group lacked news to explain the gains, Yulong’s closing of its acquisition of the Millennium Sapphire sent shares roaring over 600%.

  • MarketWatch2 months ago

    Yulong Eco-Materials' stock rockets more than 7-fold after closing Millennium Sapphire deal

    Shares of China-based Yulong Eco-Materials Ltd. rocketed more than 7-fold (up 606%) on extremely heavy volume to pace all Nasdaq gainers, after the eco-friendly building products and construction waste management company said it completed the $50 million purchase of the Millennium Sapphire. Volume swelled to 26.9 million shares, compared with the full-day average of about 43,700 shares. The world-renowned gem was acquired with the issuance of 25 million Yulong restricted shares, the company said before Wednesday's open. Yulong said it is now in the process of selling or spinning off its China businesses so it can devote all of its resources to the Millennium Sapphire business. The company said it plans to relocate its headquarters to New York from Pingdingshan, in China's Henan province. "We are extremely pleased to have completed the purchase of this world class, under valued asset," said Chief Executive Hoi Ming Chan. "By spinning off the China businesses, we will divest ourselves of all the China assets and all the debts of the previous business." The company did not immediately respond to a request for further comment. Yeco shares have now more than tripled over the past 12 months, while the S&P 500 has advanced 9.9%.

  • GlobeNewswire2 months ago

    Yulong Completes Millennium Sapphire Acquisition

    Yulong Eco-Materials Limited (Nasdaq CM: YECO) today announced that it has completed the acquisition of the Millennium Sapphire “MS”.  Yulong announced on August 22, 2018 that it had signed a Sale and Purchase Agreement to acquire the Millennium Sapphire for US$50 million. The Closing was contingent upon obtaining YECO shareholder and NASDAQ approval. YECO shareholders voted on September 3rd as disclosed in its 6K filing to approve the acquisition along with changing the name of the corporation to Millennium Enterprises Limited.

  • Is Yulong Eco-Materials Limited (NASDAQ:YECO) A Financially Sound Company?
    Simply Wall St.7 months ago

    Is Yulong Eco-Materials Limited (NASDAQ:YECO) A Financially Sound Company?

    Investors are always looking for growth in small-cap stocks like Yulong Eco-Materials Limited (NASDAQ:YECO), with a market cap of US$8.13M. However, an important fact which most ignore is: how financiallyRead More...

  • Who Are Yulong Eco-Materials Limited’s (NASDAQ:YECO) Major Shareholders?
    Simply Wall St.7 months ago

    Who Are Yulong Eco-Materials Limited’s (NASDAQ:YECO) Major Shareholders?

    I am going to take a deep dive into Yulong Eco-Materials Limited’s (NASDAQ:YECO) most recent ownership structure, not a frequent subject of discussion among individual investors. The impact of aRead More...

  • How Does Yulong Eco-Materials Limited (NASDAQ:YECO) Affect Your Portfolio Returns?
    Simply Wall St.8 months ago

    How Does Yulong Eco-Materials Limited (NASDAQ:YECO) Affect Your Portfolio Returns?

    For Yulong Eco-Materials Limited’s (NASDAQ:YECO) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. Every stock inRead More...

  • Yulong Eco-Materials Limited (NASDAQ:YECO): Has Recent Earnings Growth Beaten Long-Term Trend?
    Simply Wall St.9 months ago

    Yulong Eco-Materials Limited (NASDAQ:YECO): Has Recent Earnings Growth Beaten Long-Term Trend?

    Understanding how Yulong Eco-Materials Limited (NASDAQ:YECO) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...

  • Are Yulong Eco-Materials Limited’s (NASDAQ:YECO) Interest Costs Too High?
    Simply Wall St.10 months ago

    Are Yulong Eco-Materials Limited’s (NASDAQ:YECO) Interest Costs Too High?

    While small-cap stocks, such as Yulong Eco-Materials Limited (NASDAQ:YECO) with its market cap of US$6.12M, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...