Want Want China (OTCMKTS:WWNTY) Sets New 52-Week Low – Here’s What Happened

Want Want China Holdings Ltd. (OTCMKTS:WWNTYGet Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $25.00 and last traded at $25.00, with a volume of 108 shares. The stock had previously closed at $30.15.

Want Want China Stock Performance

The stock has a 50 day moving average of $28.28 and a 200 day moving average of $29.88. The company has a quick ratio of 1.60, a current ratio of 1.93 and a debt-to-equity ratio of 0.04.

Want Want China Company Profile

(Get Free Report)

Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.

Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.

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