Man Wah (OTCMKTS:MAWHY) Trading Down 6.9% – Time to Sell?

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report)’s share price fell 6.9% during mid-day trading on Wednesday . The stock traded as low as $7.37 and last traded at $7.37. Approximately 130 shares changed hands during trading, a decline of 96% from the average daily volume of 3,531 shares. The stock had previously closed at $7.92.

Man Wah Stock Down 6.9%

The stock has a fifty day moving average of $8.13 and a two-hundred day moving average of $10.11. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03.

Man Wah Company Profile

(Get Free Report)

Man Wah Holdings Limited operates as a vertically integrated designer, manufacturer and distributor of upholstered furniture. Headquartered in Hong Kong, the company primarily develops and produces a range of sofas, recliners, sectionals and related home furnishings. Man Wah’s operations encompass research and development, automated manufacturing processes and quality control, enabling it to maintain consistent standards across its product lines.

The company’s product portfolio includes leather and fabric upholstery, modular seating systems and motion furniture designed for residential and contract applications.

Further Reading

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