Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $7.09, but opened at $7.38. Yue Yuen Industrial shares last traded at $7.38, with a volume of 817 shares changing hands.
Yue Yuen Industrial Price Performance
The company has a fifty day moving average of $7.33 and a two-hundred day moving average of $9.04. The company has a quick ratio of 1.42, a current ratio of 2.17 and a debt-to-equity ratio of 0.11.
Yue Yuen Industrial Increases Dividend
The company also recently declared 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 is a positive change from Yue Yuen Industrial's previous dividend of $0.21. The ex-dividend date of this dividend is Friday, June 6th. This represents a dividend yield of 9.63%.
About Yue Yuen Industrial
(
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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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