Yue Yuen Industrial (OTCMKTS:YUEIF) Trading Down 10.6% – Time to Sell?

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIF)’s share price traded down 10.6% during mid-day trading on Friday . The stock traded as low as $1.95 and last traded at $1.95. 100 shares changed hands during trading, a decline of 96% from the average session volume of 2,856 shares. The stock had previously closed at $2.18.

Yue Yuen Industrial Price Performance

The business’s fifty day simple moving average is $1.79 and its 200 day simple moving average is $1.67.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (OTCMKTS:YUEIF) is a global leader in contract footwear manufacturing, serving major athletic, casual and outdoor brands. As a subsidiary of the Taiwan-based Pou Chen Group, the company specializes in high‐volume production of athletic shoes and components, including injection‐molded midsoles, rubber outsoles and full shoe assembly. It provides end-to-end services from design collaboration and material sourcing to quality assurance and logistics support.

The company’s manufacturing network spans Asia and the Americas, with production facilities and research centers in Mainland China, Vietnam, Indonesia and Cambodia, as well as plants in Mexico and El Salvador.