Yue Yuen Industrial (OTCMKTS:YUEIF) Stock Price Down 13% – Time to Sell?

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) shares dropped 13% during mid-day trading on Friday . The company traded as low as $1.81 and last traded at $1.81. Approximately 4,175 shares changed hands during trading, an increase of 568% from the average daily volume of 625 shares. The stock had previously closed at $2.08.

Yue Yuen Industrial Trading Down 13.0%

The stock has a 50-day moving average price of $2.10 and a 200-day moving average price of $1.93.

Yue Yuen Industrial Company Profile

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.