Man Wah (OTCMKTS:MAWHY) Shares Gap Up – Here’s Why

Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $7.90, but opened at $8.46. Man Wah shares last traded at $8.46, with a volume of 143 shares trading hands.

Man Wah Stock Up 7.1%

The business has a 50 day moving average price of $8.96 and a 200 day moving average price of $10.68.

Man Wah Company Profile

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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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