Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Unusually-High Trading Volume – Time to Buy?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIYGet Free Report) shares saw an uptick in trading volume on Monday . 10,980 shares traded hands during mid-day trading, an increase of 191% from the previous session’s volume of 3,774 shares.The stock last traded at $11.01 and had previously closed at $10.71.

Yue Yuen Industrial Stock Performance

The company’s 50-day moving average price is $9.11 and its two-hundred day moving average price is $8.33. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.14 and a quick ratio of 1.42.

Yue Yuen Industrial Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 24th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.2046 per share. This represents a dividend yield of 849.0%. The ex-dividend date was Monday, September 15th.

Yue Yuen Industrial Company Profile

(Get Free Report)

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.

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