Shares of Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $32.06 and traded as low as $28.8725. Want Want China shares last traded at $28.8725, with a volume of 578 shares changing hands.
Want Want China Trading Down 3.6%
The company has a quick ratio of 1.60, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is $30.29 and its 200 day moving average price is $32.06.
Want Want China Company Profile
Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.
Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.
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