Jefferies Financial Group Downgrades Yue Yuen Industrial (OTCMKTS:YUEIY) to Strong Sell

Yue Yuen Industrial (OTCMKTS:YUEIY) was downgraded by equities research analysts at Jefferies Financial Group from a “moderate sell” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Yue Yuen Industrial Stock Performance

Shares of YUEIY opened at $10.20 on Monday. Yue Yuen Industrial has a 1 year low of $6.22 and a 1 year high of $12.61. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.14 and a quick ratio of 1.42. The firm has a fifty day moving average of $11.32 and a 200-day moving average of $10.18.

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.