Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Up – Time to Buy?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $7.45, but opened at $7.79. Yue Yuen Industrial shares last traded at $7.79, with a volume of 238 shares.

Yue Yuen Industrial Stock Performance

The business has a 50 day moving average of $8.39 and a two-hundred day moving average of $8.95.

Yue Yuen Industrial Company Profile

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Yue Yuen Industrial Holdings Limited is a Hong Kong-based footwear manufacturer and a subsidiary of Pou Chen Corporation. The company provides original equipment manufacturing and original design manufacturing services for international athletic, casual, outdoor and sportswear brands.

Its activities include the design, development and production of athletic and casual shoes, as well as shoe soles, components and related materials. Yue Yuen also provides supply-chain, distribution and retail-related services through businesses connected with the footwear and sportswear industries.

Founded in 1988, Yue Yuen has developed a large international manufacturing and production network serving customers in major global markets.

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