Yue Yuen Industrial (OTCMKTS:YUEIY) Sets New 12-Month High – Time to Buy?

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.99 and last traded at $10.51, with a volume of 3989 shares changing hands. The stock had previously closed at $10.65.

Yue Yuen Industrial Trading Down 1.3 %

The stock’s fifty day moving average price is $9.45 and its 200 day moving average price is $9.04.

Yue Yuen Industrial Cuts Dividend

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

About Yue Yuen Industrial

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.