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

Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $13.45, but opened at $10.50. Man Wah shares last traded at $10.50, with a volume of 270 shares changing hands.

Man Wah Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.21. The firm’s 50-day simple moving average is $11.77 and its 200 day simple moving average is $11.58.

Man Wah Company Profile

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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.

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