Yue Yuen Industrial (OTCMKTS:YUEIF) Stock Price Up 4.3% – Time to Buy?

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF)’s stock price rose 4.3% during trading on Monday . The stock traded as high as $1.8050 and last traded at $1.8050. Approximately 1,600 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 1,390 shares. The stock had previously closed at $1.73.

Yue Yuen Industrial Price Performance

The company’s fifty day simple moving average is $1.86 and its 200 day simple moving average is $1.96.

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.