Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Down – Here’s What Happened

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $8.4440, but opened at $8.16. Yue Yuen Industrial shares last traded at $8.16, with a volume of 1,998 shares changing hands.

Yue Yuen Industrial Price Performance

The stock has a 50 day simple moving average of $8.61 and a 200-day simple moving average of $9.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.37 and a current ratio of 2.12.

Yue Yuen Industrial Company Profile

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.