Man Wah (OTCMKTS:MAWHY) Shares Gap Down – What’s Next?

Shares of Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $13.45, but opened at $10.50. Man Wah shares last traded at $10.50, with a volume of 270 shares trading hands.

Man Wah Stock Performance

The firm’s fifty day simple moving average is $11.70 and its 200 day simple moving average is $11.58. The company has a quick ratio of 1.21, a current ratio of 1.46 and a debt-to-equity ratio of 0.01.

Man Wah Company Profile

(Get Free Report)

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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