Yue Yuen Industrial (OTCMKTS:YUEIY) Sets New 1-Year High – Here’s Why

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) shares reached a new 52-week high on Monday . The company traded as high as $10.82 and last traded at $10.77, with a volume of 70372 shares. The stock had previously closed at $9.65.

Yue Yuen Industrial Stock Performance

The stock’s 50 day simple moving average is $9.08 and its two-hundred day simple moving average is $8.85.

Yue Yuen Industrial Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, October 21st. Investors of record on Tuesday, September 10th were paid a $0.2065 dividend. The ex-dividend date of this dividend was Tuesday, September 10th.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People’s Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.