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Yue Yuen Industrial (OTCMKTS:YUEIY) Trading 11.6% Higher - What's Next?

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report)'s share price traded up 11.6% during trading on Friday . The stock traded as high as $7.89 and last traded at $7.89. 454 shares were traded during trading, a decline of 90% from the average session volume of 4,594 shares. The stock had previously closed at $7.07.

Yue Yuen Industrial Price 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 stock has a fifty day simple moving average of $7.34 and a two-hundred day simple moving average of $8.87.

Yue Yuen Industrial Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 9th will be paid a $0.5074 dividend. The ex-dividend date of this dividend is Friday, June 6th. This is an increase from Yue Yuen Industrial's previous dividend of $0.21. This represents a dividend yield of 9.63%.

Yue Yuen Industrial Company Profile

(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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