Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 23,363 shares traded hands during mid-day trading, an increase of 418% from the previous session's volume of 4,509 shares.The stock last traded at $7.35 and had previously closed at $7.27.
Yue Yuen Industrial Trading Down 2.5%
The company has a debt-to-equity ratio of 0.11, a current ratio of 2.17 and a quick ratio of 1.42. The company has a 50-day moving average price of $7.33 and a 200 day moving average price of $9.02.
Yue Yuen Industrial Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 9th will be issued a $0.5074 dividend. The ex-dividend date of this dividend is Friday, June 6th. This is a boost from Yue Yuen Industrial's previous dividend of $0.21. This represents a yield of 9.63%.
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.
Further Reading
Before you consider Yue Yuen Industrial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yue Yuen Industrial wasn't on the list.
While Yue Yuen Industrial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
