Multi Ways (NYSE:MWG) Stock Price Down 4% – Should You Sell?

Shares of Multi Ways Holdings Limited (NYSE:MWGGet Free Report) traded down 4% during mid-day trading on Monday . The company traded as low as $1.34 and last traded at $1.3350. Approximately 4,819 shares changed hands during trading, a decline of 93% from the average session volume of 66,884 shares. The stock had previously closed at $1.39.

Multi Ways Stock Performance

The business has a fifty day simple moving average of $1.34 and a 200 day simple moving average of $1.87.

About Multi Ways

(Get Free Report)

Multi Ways Holdings Limited supplies a range of heavy construction equipment for sales and rental in Singapore, Australia, and internationally. The company engages in the supplying and rental of new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries. It offers earth-moving equipment, such as bulldozers, off-terrain dump trucks, excavators, and wheel loaders; material-handling equipment, such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts, and telescopic handlers; road-building equipment comprising motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers, and mini excavators; and air compressors, generators, lighting towers, and welding machines.

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