Want Want China (OTCMKTS:WWNTY) Shares Gap Up – Should You Buy?

by · The Cerbat Gem

Shares of Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $17.80, but opened at $18.50. Want Want China shares last traded at $18.50, with a volume of 234 shares traded.

Want Want China Stock Performance

The company has a 50-day moving average of $19.81 and a 200-day moving average of $23.09.

About Want Want China

(Get Free Report)

Want Want China Holdings Ltd. is a food and beverage company best known for its Wangwang brand. The company develops, manufactures and sells snack foods, dairy products, beverages and other packaged foods, including rice crackers, flavored milk, dairy drinks, congee and confectionery products.

The business traces its roots to Taiwan, where it began operations in 1962. It expanded into mainland China during the 1990s and has built a broad manufacturing and distribution network serving consumers across China.

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