Yue Yuen Industrial (OTCMKTS:YUEIY) Shares Gap Down – What’s Next?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY) shares gapped down before the market opened on Wednesday. The stock had previously closed at $9.53, but opened at $9.20. Yue Yuen Industrial shares last traded at $9.20, with a volume of 273 shares traded.

Yue Yuen Industrial Stock Up 0.2%

The stock has a fifty day moving average of $8.39 and a two-hundred day moving average of $8.84.

Yue Yuen Industrial Company Profile

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.