Sanwa (OTCMKTS:SNWAF) Trading Up 1.8% – Should You Buy?

Sanwa Holdings Co. (OTCMKTS:SNWAF) was up 1.8% on Tuesday . The stock traded as high as $27.64 and last traded at $27.64. Approximately 8,200 shares traded hands during mid-day trading, an increase of 1,950% from the average daily volume of 400 shares. The stock had previously closed at $27.1440.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised Sanwa to a “buy” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Sanwa Stock Performance

The firm has a 50 day simple moving average of $31.73 and a 200-day simple moving average of $31.90.

About Sanwa

Sanwa Holdings Corporation, through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and Asia. It offers lightweight shutters, condominium doors, window shutters, exterior products, heavy-duty shutters, steel doors, partitions, stainless steel products, garage doors, operators, overhead doors, shutters, automatic doors, trucks/trailers, hinge doors, industrial doors, dock levelers, and aluminum store fronts, as well as maintenance services.