Want Want China (OTCMKTS:WWNTY) Reaches New 52-Week Low – Time to Sell?

Want Want China Holdings Ltd. (OTCMKTS:WWNTYGet Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $19.30 and last traded at $19.30, with a volume of 138 shares trading hands. The stock had previously closed at $21.35.

Want Want China Stock Down 22.2%

The business’s fifty day moving average is $21.24 and its 200-day moving average is $25.06.

Want Want China Company Profile

(Get Free Report)

Want Want China Holdings Limited is a food and beverage company best known for its branded snack foods, dairy products and beverages. Its portfolio includes rice crackers, flavored milk, dairy drinks, packaged snacks and other processed food products sold under brands such as Want Want and Wang Zai.

The company traces its origins to Taiwan, where its predecessor began operations in 1962. Want Want expanded into mainland China in the 1990s and has since developed manufacturing, distribution and sales operations serving consumers across China.

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