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Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Up - Time to Buy?

Yue Yuen Industrial logo with Consumer Discretionary background

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 $7.05, but opened at $7.62. Yue Yuen Industrial shares last traded at $7.62, with a volume of 588 shares.

Yue Yuen Industrial Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.17 and a quick ratio of 1.42. The firm has a fifty day moving average of $7.33 and a 200-day moving average of $8.97.

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 issued a dividend of $0.5074 per share. This is an increase 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

(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.

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