Yue Yuen Industrial (OTCMKTS:YUEIY) Stock Price Down 0% - Time to Sell?

Key Points

• Yue Yuen Industrial's stock price experienced no change, closing at $9.13 after trading as low as $8.83, with a significant decline in trading volume.
• The company announced a dividend increase, paying $0.5074 per share, a rise from the previous dividend of $0.21, resulting in a remarkable yield of 963.0%.
• Yue Yuen Industrial manufactures footwear for prominent brands including adidas, Nike, and New Balance, and operates mainly in China and internationally.

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - )'s stock price was down 0% on Wednesday . The company traded as low as $8.83 and last traded at $9.13. Approximately 1,336 shares were traded during trading, a decline of 63% from the average daily volume of 3,599 shares. The stock had previously closed at $9.13.

Yue Yuen Industrial Trading Down 0.0%

The company has a current ratio of 2.17, a quick ratio of 1.42 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average price of $7.95 and a two-hundred day moving average price of $8.05.

Yue Yuen Industrial Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 9th. Stockholders of record on Monday, June 9th were given a dividend of $0.5074 per share. The ex-dividend date of this dividend was Friday, June 6th. This is a positive change from Yue Yuen Industrial's previous dividend of $0.21. This represents a dividend yield of 963.0%.

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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