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Yue Yuen Industrial (OTCMKTS:YUEIY) Stock Price Down 8.3% - Here's Why

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) shares fell 8.3% on Thursday . The company traded as low as $7.25 and last traded at $7.32. 648 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 4,507 shares. The stock had previously closed at $7.98.

Yue Yuen Industrial Stock Performance

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 business has a fifty day moving average price of $7.46 and a two-hundred day moving average price of $8.63.

Yue Yuen Industrial Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 9th. Investors of record on Monday, June 9th were paid a $0.5074 dividend. This is a boost from Yue Yuen Industrial's previous dividend of $0.21. The ex-dividend date of this dividend was Friday, June 6th. This represents a dividend 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.

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