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Yue Yuen Industrial (OTCMKTS:YUEIY) Stock Price Up 7.5% - Here's What Happened

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) traded up 7.5% during mid-day trading on Friday . The stock traded as high as $7.93 and last traded at $7.93. 7,082 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 4,544 shares. The stock had previously closed at $7.38.

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 50-day moving average of $7.45 and a 200-day moving average of $8.67.

Yue Yuen Industrial Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 9th. Investors of record on Monday, June 9th were issued a $0.5074 dividend. This represents a yield of 9.63%. This is a boost from Yue Yuen Industrial's previous dividend of $0.21. The ex-dividend date of this dividend was Friday, June 6th.

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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