Man Wah (OTCMKTS:MAWHY) Shares Gap Down – What’s Next?
by Tristan Rich · The Markets DailyMan Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $8.33, but opened at $7.9250. Man Wah shares last traded at $7.9250, with a volume of 1,666 shares trading hands.
Man Wah Price Performance
The company has a quick ratio of 1.10, a current ratio of 1.36 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of $8.23 and a 200 day moving average price of $10.20.
Man Wah Company Profile
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.