Man Wah (OTCMKTS:MAWHY) Shares Gap Down – Here’s Why
by Renee Jackson · The Cerbat GemMan Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $11.34, but opened at $9.48. Man Wah shares last traded at $9.50, with a volume of 18,100 shares traded.
Man Wah Price Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.21 and a current ratio of 1.46. The firm’s fifty day moving average price is $11.06 and its two-hundred day moving average price is $11.58.
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.