Want Want China (OTCMKTS:WWNTY) Shares Gap Down – Here’s What Happened

Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $19.50, but opened at $16.70. Want Want China shares last traded at $16.70, with a volume of 4,012 shares.

Want Want China Price Performance

The stock has a fifty day simple moving average of $19.90 and a two-hundred day simple moving average of $23.17.

Want Want China Company Profile

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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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