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Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Large Volume Increase - Here's Why

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) shares saw an uptick in trading volume on Friday . 23,363 shares traded hands during 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 Price Performance

The firm's 50 day moving average price is $7.33 and its two-hundred day moving average price is $9.09. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.42 and a current ratio of 2.17.

Yue Yuen Industrial Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 9th will be given a $0.5074 dividend. This represents a dividend yield of 9.63%. The ex-dividend date is Friday, June 6th. This is an increase from Yue Yuen Industrial's previous dividend of $0.21.

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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