Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.93 and traded as low as $10.89. Man Wah shares last traded at $10.89, with a volume of 249 shares.
Man Wah Stock Down 6.3%
The firm’s 50-day moving average price is $10.93 and its 200 day moving average price is $10.97. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.13 and a current ratio of 1.36.
Man Wah Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, August 7th. Stockholders of record on Tuesday, July 8th were given a dividend of $0.2446 per share. The ex-dividend date was Monday, July 7th. This represents a dividend yield of 565.0%.
About Man Wah
Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.
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