Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $12.03 and traded as low as $11.70. Man Wah shares last traded at $11.70, with a volume of 193 shares changing hands.
Man Wah Stock Down 9.9%
The company has a current ratio of 1.46, a quick ratio of 1.21 and a debt-to-equity ratio of 0.01. The company’s 50-day moving average price is $12.03 and its 200-day moving average price is $11.81.
About Man Wah
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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