Yue Yuen Industrial (OTCMKTS:YUEIY) Hits New 1-Year Low – Time to Sell?

Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as $7.59 and last traded at $7.59, with a volume of 3165 shares changing hands. The stock had previously closed at $8.1650.

Yue Yuen Industrial Trading Down 6.6%

The business’s 50 day simple moving average is $8.61 and its 200 day simple moving average is $9.22. The company has a quick ratio of 1.37, a current ratio of 2.12 and a debt-to-equity ratio of 0.08.

Yue Yuen Industrial Company Profile

(Get Free Report)

Yue Yuen Industrial Holdings Limited is a Hong Kong-based manufacturer of athletic and casual footwear and related products. The company primarily operates as an original equipment manufacturer and original design manufacturer, producing shoes and footwear components for many of the world’s leading sportswear and lifestyle brands.

Its products and capabilities include athletic shoes, casual shoes, shoe soles, uppers and other footwear components. Yue Yuen also provides research, development, design, engineering, production and supply-chain services.

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