Yue Yuen Industrial (OTCMKTS:YUEIY) Trading Down 6% – Time to Sell?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) was down 6% during mid-day trading on Tuesday . The company traded as low as $10.48 and last traded at $10.48. Approximately 8,804 shares traded hands during trading, an increase of 123% from the average daily volume of 3,952 shares. The stock had previously closed at $11.15.

Yue Yuen Industrial Price Performance

The company has a quick ratio of 1.42, a current ratio of 2.14 and a debt-to-equity ratio of 0.11. The firm’s 50-day moving average is $9.98 and its two-hundred day moving average is $8.75.

About Yue Yuen Industrial

Yue Yuen Industrial (OTCMKTS: YUEIY) is one of the world’s leading footwear manufacturers, specializing in the design, development, production and distribution of athletic, casual and performance footwear. As an original design manufacturer (ODM) and original equipment manufacturer (OEM), the company partners with many of the globe’s most recognizable sportswear brands, providing end-to-end solutions that range from material sourcing and prototype development to mass production and quality assurance.

The company’s product portfolio encompasses a broad spectrum of footwear categories, including running shoes, basketball sneakers, outdoor footwear and lifestyle models.