Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Strong Trading Volume – What’s Next?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) shares saw unusually-strong trading volume on Friday . Approximately 21,398 shares traded hands during trading, an increase of 583% from the previous session’s volume of 3,133 shares.The stock last traded at $11.00 and had previously closed at $11.3192.

Yue Yuen Industrial Trading Down 2.8%

The firm’s fifty day simple moving average is $10.78 and its two-hundred day simple moving average is $9.30. The company has a quick ratio of 1.42, a current ratio of 2.14 and a debt-to-equity ratio of 0.11.

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.