Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Unusually-High Trading Volume – Here’s Why

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) shares saw strong trading volume on Friday . 21,398 shares were traded during trading, an increase of 583% from the previous session’s volume of 3,133 shares.The stock last traded at $11.00 and had previously closed at $11.3192.

Yue Yuen Industrial Trading Down 2.8%

The company’s 50-day moving average price is $10.78 and its 200-day moving average price is $9.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.14 and a quick ratio of 1.42.

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.