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Yue Yuen Industrial (OTCMKTS:YUEIY) Stock Price Down 2.3% - Here's Why

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) shares traded down 2.3% on Monday . The stock traded as low as $7.75 and last traded at $7.75. 1,090 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 4,519 shares. The stock had previously closed at $7.93.

Yue Yuen Industrial Stock Up 3.4%

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 business's 50-day moving average is $7.50 and its two-hundred day moving average is $8.56.

Yue Yuen Industrial Increases Dividend

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

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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