Yue Yuen Industrial (OTCMKTS:YUEIF) Shares Up 4% – Here’s Why

Shares of Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF) traded up 4% on Friday . The stock traded as high as $1.80 and last traded at $1.80. 1,944 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 1,886 shares. The stock had previously closed at $1.73.

Yue Yuen Industrial Trading Up 4.0%

The business’s fifty day simple moving average is $1.68 and its 200-day simple moving average is $1.91.

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.