Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report)’s stock price rose 10% during trading on Wednesday . The company traded as high as $33.00 and last traded at $33.00. Approximately 143 shares were traded during trading, a decline of 85% from the average daily volume of 925 shares. The stock had previously closed at $30.00.
Want Want China Price Performance
The stock’s 50 day moving average is $30.29 and its two-hundred day moving average is $32.48. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.93 and a quick ratio of 1.60.
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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