Man Wah (OTCMKTS:MAWHY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.03 and traded as low as $11.70. Man Wah shares last traded at $11.70, with a volume of 193 shares trading hands.

Man Wah Price Performance

The firm has a 50 day simple moving average of $12.08 and a two-hundred day simple moving average of $11.82. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.21 and a current ratio of 1.46.

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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