Man Wah (OTCMKTS:MAWHY) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $11.71 and traded as low as $11.07. Man Wah shares last traded at $11.07, with a volume of 100 shares.

Man Wah Stock Performance

The firm’s 50 day moving average is $11.71 and its 200 day moving average is $10.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.13 and a current ratio of 1.36.

Man Wah Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, August 7th. Stockholders of record on Tuesday, July 8th were issued a dividend of $0.2446 per share. This represents a dividend yield of 565.0%. The ex-dividend date of this dividend was Monday, July 7th.

Man Wah Company Profile

(Get Free Report)

Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.

See Also

Receive News & Ratings for Man Wah Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Man Wah and related companies with MarketBeat.com's FREE daily email newsletter.