Yue Yuen Industrial (OTCMKTS:YUEIY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) saw strong trading volume on Monday . 4,333 shares were traded during trading, an increase of 148% from the previous session’s volume of 1,744 shares.The stock last traded at $10.97 and had previously closed at $10.90.

Yue Yuen Industrial Stock Up 0.6%

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.42 and a current ratio of 2.14. The business’s 50 day simple moving average is $10.50 and its 200 day simple moving average is $9.12.

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.