Yue Yuen Industrial (OTCMKTS:YUEIY) Reaches New 52-Week High – Still a Buy?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) shares reached a new 52-week high on Friday . The stock traded as high as $11.56 and last traded at $11.30, with a volume of 1171 shares. The stock had previously closed at $11.3450.

Yue Yuen Industrial Stock Performance

The firm’s fifty day simple moving average is $10.89 and its 200 day simple moving average is $9.45. 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.