Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) shares gapped down prior to trading on Friday. The stock had previously closed at $6.24, but opened at $5.96. Man Wah shares last traded at $5.96, with a volume of 100 shares trading hands.
Man Wah Trading Down 2.8%
The stock has a 50-day simple moving average of $6.49 and a two-hundred day simple moving average of $9.10. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.10 and a current ratio of 1.36.
About Man Wah
Man Wah Holdings Limited, also known as Man Wah, designs, manufactures and sells upholstered furniture. Its products include reclining sofas, motion furniture, sofas, mattresses and other home furnishings. The company is known for its Cheers brand. Founded in 1992, Man Wah serves customers in China and international markets through a combination of retail, distribution and other sales channels. Its business includes manufacturing as well as marketing and sales of furniture products. Wong Man Li has served as the company’s chairman.
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