Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $7.46, but opened at $7.76. Yue Yuen Industrial shares last traded at $7.78, with a volume of 1,730 shares trading hands.
Yue Yuen Industrial Stock Up 4.2%
The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.42 and a current ratio of 2.17. The company's 50 day moving average price is $7.37 and its 200-day moving average price is $8.82.
Yue Yuen Industrial Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Monday, June 9th will be issued a dividend of $0.5074 per share. This represents a yield of 9.63%. This is a positive change from Yue Yuen Industrial's previous dividend of $0.21. The ex-dividend date is Friday, June 6th.
Yue Yuen Industrial Company Profile
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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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