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

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $12.18, but opened at $13.08. Man Wah shares last traded at $13.08, with a volume of 200 shares changing hands.

Man Wah Trading Up 12.3%

The business’s fifty day moving average price is $11.65 and its 200-day moving average price is $11.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.21.

About Man Wah

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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.

Further Reading

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