Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Up – What’s Next?

Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $7.45, but opened at $7.79. Yue Yuen Industrial shares last traded at $7.79, with a volume of 238 shares trading hands.

Yue Yuen Industrial Stock Up 4.6%

The stock has a fifty day moving average of $8.39 and a 200 day moving average of $8.95.

About Yue Yuen Industrial

(Get Free Report)

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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