Yue Yuen Industrial (OTCMKTS:YUEIY) Downgraded by Jefferies Financial Group to “Strong Sell”

Jefferies Financial Group lowered shares of Yue Yuen Industrial (OTCMKTS:YUEIY) from a moderate sell rating to a strong sell rating in a report released on Monday morning,Zacks.com reports.

Yue Yuen Industrial Stock Performance

Shares of YUEIY opened at $10.20 on Monday. The company has a current ratio of 2.14, a quick ratio of 1.42 and a debt-to-equity ratio of 0.11. The company’s fifty day moving average is $11.32 and its two-hundred day moving average is $10.18. Yue Yuen Industrial has a fifty-two week low of $6.22 and a fifty-two week high of $12.61.

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.