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Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $8.81, but opened at $8.5025. Yue Yuen Industrial shares last traded at $8.5025, with a volume of 243 shares.
Yue Yuen Industrial Trading Down 4.7%
The company’s fifty day simple moving average is $8.39 and its 200-day simple moving average is $9.35.
About Yue Yuen Industrial
Yue Yuen Industrial (Holdings) is a footwear manufacturer and supplier serving international athletic and casual footwear brands. The company produces finished shoes and related components, and provides product development and manufacturing services to brand customers. Founded in 1988, Yue Yuen is part of the Pou Chen Group. Its manufacturing operations are based primarily in Asia, and its products are supplied to markets around the world. Through its subsidiary Pou Sheng International, Yue Yuen also operates a retail business focused on sporting goods and apparel, particularly in mainland China.
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