Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Down – Here’s What Happened

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) shares gapped down prior to trading on Monday . The stock had previously closed at $11.3192, but opened at $10.8650. Yue Yuen Industrial shares last traded at $11.25, with a volume of 777 shares trading hands.

Yue Yuen Industrial Stock Down 7.3%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.42 and a current ratio of 2.14. The company’s 50 day moving average price is $10.81 and its 200-day moving average price is $9.34.

Yue Yuen Industrial Company Profile

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.