Free Trial

Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Down - What's Next?

Yue Yuen Industrial logo with Consumer Discretionary background

Key Points

  • Yue Yuen Industrial shares experienced a gap down, opening at $8.74 after closing at $9.07, with a trading volume of 496 shares.
  • The company's debt-to-equity ratio is low at 0.11, indicating financial stability, alongside a quick ratio of 1.42 and a current ratio of 2.14.
  • Yue Yuen recently announced a dividend cut, declaring a payment of $0.2046 per share set for October 24th, with an ex-dividend date of September 15th, resulting in a yield of 849.0%.
  • Interested in Yue Yuen Industrial? Here are five stocks we like better.

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $9.07, but opened at $8.74. Yue Yuen Industrial shares last traded at $8.74, with a volume of 496 shares traded.

Yue Yuen Industrial Stock Up 3.6%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.42 and a current ratio of 2.14. The company has a 50 day simple moving average of $8.61 and a 200 day simple moving average of $7.88.

Yue Yuen Industrial Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, October 24th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.2046 per share. The ex-dividend date is Monday, September 15th. This represents a yield of 849.0%.

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Yue Yuen Industrial Right Now?

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

7 Stocks to Ride The A.I. Megaboom Cover


We are about to experience the greatest A.I. boom in stock market history...

Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.

That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.

  1. The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
  2. The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
  3. Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.

Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.

And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...

Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.

Get This Free Report
Like this article? Share it with a colleague.