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Shares of Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report) fell 4.6% during trading on Wednesday. The company traded as low as $8.3565 and last traded at $8.64. 362 shares were traded during trading, a decline of 93% from the average daily volume of 4,933 shares. The stock had previously closed at $9.06.
Yue Yuen Industrial Trading Up 2.4%
The firm’s fifty day moving average is $8.41 and its 200 day moving average is $9.49.
About Yue Yuen Industrial
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.
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