Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $9.70, but opened at $9.21. Yue Yuen Industrial shares last traded at $9.44, with a volume of 390 shares.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group cut shares of Yue Yuen Industrial from a "moderate sell" rating to a "strong sell" rating in a research note on Monday, March 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of "Sell".
Check Out Our Latest Report on YUEIY
Yue Yuen Industrial Price Performance
The business's 50 day simple moving average is $10.51 and its 200 day simple moving average is $10.51. The company has a quick ratio of 1.37, a current ratio of 2.12 and a debt-to-equity ratio of 0.08.
Yue Yuen Industrial Company Profile
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Yue Yuen Industrial OTCMKTS: YUEIY is one of the world’s leading footwear manufacturers, specializing in the design, development, production and distribution of athletic, casual and performance footwear. As an original design manufacturer (ODM) and original equipment manufacturer (OEM), the company partners with many of the globe’s most recognizable sportswear brands, providing end-to-end solutions that range from material sourcing and prototype development to mass production and quality assurance.
The company’s product portfolio encompasses a broad spectrum of footwear categories, including running shoes, basketball sneakers, outdoor footwear and lifestyle models.
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