Yue Yuen Industrial (OTCMKTS:YUEIY) Reaches New 12-Month Low – Should You Sell?

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday. The company traded as low as $7.45 and last traded at $7.45, with a volume of 1280 shares changing hands. The stock had previously closed at $7.66.

Yue Yuen Industrial Stock Performance

The stock has a 50-day moving average price of $8.37 and a two-hundred day moving average price of $8.93.

Yue Yuen Industrial Company Profile

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Yue Yuen Industrial Holdings Limited is a Hong Kong-based footwear manufacturer and a subsidiary of Pou Chen Corporation. The company provides original equipment manufacturing and original design manufacturing services for international athletic, casual, outdoor and sportswear brands.

Its activities include the design, development and production of athletic and casual shoes, as well as shoe soles, components and related materials. Yue Yuen also provides supply-chain, distribution and retail-related services through businesses connected with the footwear and sportswear industries.

Founded in 1988, Yue Yuen has developed a large international manufacturing and production network serving customers in major global markets.

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