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Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Large Volume Increase - Still a Buy?

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) shares saw strong trading volume on Monday . 9,850 shares changed hands during trading, an increase of 116% from the previous session's volume of 4,569 shares.The stock last traded at $7.72 and had previously closed at $7.61.

Yue Yuen Industrial Trading Down 0.0%

The company has a quick ratio of 1.42, a current ratio of 2.17 and a debt-to-equity ratio of 0.11. The stock has a 50-day simple moving average of $7.34 and a 200 day simple moving average of $8.87.

Yue Yuen Industrial Increases Dividend

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

About Yue Yuen Industrial

(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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