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

Yue Yuen Industrial logo with Consumer Discretionary background

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) fell 2.3% during trading on Monday . The stock traded as low as $7.75 and last traded at $7.75. 1,090 shares changed 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 1.2%

The company has a quick ratio of 1.42, a current ratio of 2.17 and a debt-to-equity ratio of 0.11. The company's 50 day moving average is $7.47 and its 200 day moving average is $8.59.

Yue Yuen Industrial Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 9th. Shareholders of record on Monday, June 9th were issued a dividend of $0.5074 per share. This is an increase from Yue Yuen Industrial's previous dividend of $0.21. This represents a yield of 9.63%. 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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