Yue Yuen Industrial (OTCMKTS:YUEIY) Cut to “Strong Sell” at Jefferies Financial Group

Jefferies Financial Group lowered shares of Yue Yuen Industrial (OTCMKTS:YUEIY) from a moderate sell rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

Yue Yuen Industrial Price Performance

Shares of Yue Yuen Industrial stock opened at $10.60 on Monday. The company has a fifty day moving average price of $11.33 and a 200 day moving average price of $10.18. The company has a quick ratio of 1.42, a current ratio of 2.14 and a debt-to-equity ratio of 0.11. Yue Yuen Industrial has a twelve month low of $6.22 and a twelve month high of $12.61.

About Yue Yuen Industrial

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.