Man Wah (OTCMKTS:MAWHY) Shares Gap Down – Should You Sell?

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.50, but opened at $8.53. Man Wah shares last traded at $8.53, with a volume of 1,546 shares.

Man Wah Stock Down 5.8%

The firm has a 50 day moving average of $10.95 and a two-hundred day moving average of $11.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.21 and a current ratio of 1.46.

About Man Wah

(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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