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Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) saw unusually-high trading volume on Friday. Approximately 10,455 shares were traded during mid-day trading, an increase of 115% from the average daily volume of 4,860 shares. The stock last traded at $8.57 and had previously closed at $8.85.
Yue Yuen Industrial Trading Down 4.5%
The stock has a 50-day moving average of $8.41 and a 200 day moving average of $9.49.
About Yue Yuen Industrial
Yue Yuen Industrial (Holdings) Limited is a Taiwan-linked footwear manufacturer and a subsidiary of Pou Chen Corporation. Established in 1988 and listed in Hong Kong, the company primarily manufactures athletic, casual, outdoor and other types of footwear for international sportswear and lifestyle brands.
Yue Yuen provides original equipment manufacturing and original design manufacturing services, with capabilities covering product development, materials sourcing, footwear components, assembly and supply-chain management.
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