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Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) saw strong trading volume on Wednesday. Approximately 4,652 shares traded hands during trading, a decline of 2% from the previous session’s volume of 4,752 shares. The stock last traded at $8.90 and had previously closed at $7.95.
Yue Yuen Industrial Trading Down 0.7%
The stock’s 50-day moving average is $8.32 and its 200-day moving average is $8.88.
About Yue Yuen Industrial
Yue Yuen Industrial Holdings Limited is a Hong Kong-based footwear manufacturer and a subsidiary of Pou Chen Corporation. The company provides original equipment manufacturing and original design manufacturing services for international athletic, casual, outdoor and sportswear brands.
Its activities include the design, development and production of athletic and casual shoes, as well as shoe soles, components and related materials. Yue Yuen also provides supply-chain, distribution and retail-related services through businesses connected with the footwear and sportswear industries.
Founded in 1988, Yue Yuen has developed a large international manufacturing and production network serving customers in major global markets.
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