Yue Yuen Industrial (OTCMKTS:YUEIY) Sets New 12-Month High – Time to Buy?

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) reached a new 52-week high on Wednesday . The stock traded as high as $10.99 and last traded at $10.51, with a volume of 3989 shares changing hands. The stock had previously closed at $10.65.

Yue Yuen Industrial Price Performance

The company has a fifty day moving average price of $9.45 and a 200-day moving average price of $9.04.

Yue Yuen Industrial Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, October 21st. Investors of record on Tuesday, September 10th were issued a dividend of $0.2065 per share. The ex-dividend date was Tuesday, September 10th.

Yue Yuen Industrial Company Profile

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.