Yue Yuen Industrial (OTCMKTS:YUEIY) Trading Down 2.3% – Here’s Why

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY)’s share price fell 2.3% during trading on Monday . The stock traded as low as $7.75 and last traded at $7.75. 1,090 shares were traded during mid-day trading, a decline of 76% from the average session volume of 4,519 shares. The stock had previously closed at $7.93.

Yue Yuen Industrial Trading Down 2.3%

The company has a 50 day moving average price of $7.47 and a 200 day moving average price of $8.59. The company has a quick ratio of 1.42, a current ratio of 2.17 and a debt-to-equity ratio of 0.11.

Yue Yuen Industrial Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, July 9th. Investors of record on Monday, June 9th were paid a dividend of $0.5074 per share. This is a positive change from Yue Yuen Industrial’s previous dividend of $0.21. The ex-dividend date was Friday, June 6th. This represents a yield of 9.63%.

About Yue Yuen Industrial

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.