Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) were down 6.9% on Wednesday . The stock traded as low as $7.37 and last traded at $7.37. 130 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 3,531 shares. The stock had previously closed at $7.92.
Man Wah Stock Performance
The stock has a 50-day moving average price of $8.08 and a two-hundred day moving average price of $10.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.36 and a quick ratio of 1.10.
About Man Wah
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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