Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Up - Should You Buy?

Key Points

• Yue Yuen Industrial Ltd. shares gapped up, opening at $8.64 compared to the previous close of $8.29, with a trading volume of 1,496 shares.
• The company has a debt-to-equity ratio of 0.11 and a strong liquidity position, indicated by a current ratio of 2.17 and a quick ratio of 1.42.
• Yue Yuen operates as an original design manufacturer for renowned brands including adidas, Nike, and New Balance, producing various types of footwear globally.

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - )'s share price gapped up before the market opened on Monday . The stock had previously closed at $8.29, but opened at $8.64. Yue Yuen Industrial shares last traded at $8.64, with a volume of 1,496 shares changing hands.

Yue Yuen Industrial Price Performance

The business has a 50 day moving average price of $8.15 and a two-hundred day moving average price of $7.95. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.17 and a quick ratio of 1.42.

About Yue Yuen Industrial

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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