Man Wah (OTCMKTS:MAWHY) Shares Cross Above 50-Day Moving Average – Should You Sell?

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $11.62 and traded as high as $12.29. Man Wah shares last traded at $12.29, with a volume of 173 shares changing hands.

Man Wah Price Performance

The stock has a 50 day simple moving average of $11.62 and a 200 day simple moving average of $11.71. The company has a quick ratio of 1.21, a current ratio of 1.46 and a debt-to-equity ratio of 0.01.

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.

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