Yue Yuen Industrial (OTCMKTS:YUEIF) Trading Down 10.6% – Here’s Why

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF)’s share price fell 10.6% during trading on Friday . The company traded as low as $1.95 and last traded at $1.95. 100 shares traded hands during trading, a decline of 96% from the average session volume of 2,856 shares. The stock had previously closed at $2.18.

Yue Yuen Industrial Stock Performance

The stock’s 50-day simple moving average is $1.79 and its 200-day simple moving average is $1.67.

About Yue Yuen Industrial

Yue Yuen Industrial (OTCMKTS:YUEIF) is a global leader in contract footwear manufacturing, serving major athletic, casual and outdoor brands. As a subsidiary of the Taiwan-based Pou Chen Group, the company specializes in high‐volume production of athletic shoes and components, including injection‐molded midsoles, rubber outsoles and full shoe assembly. It provides end-to-end services from design collaboration and material sourcing to quality assurance and logistics support.

The company’s manufacturing network spans Asia and the Americas, with production facilities and research centers in Mainland China, Vietnam, Indonesia and Cambodia, as well as plants in Mexico and El Salvador.