Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $21.23 and last traded at $21.23, with a volume of 104 shares changing hands. The stock had previously closed at $25.44.
Want Want China Stock Performance
The stock has a fifty day moving average of $24.81 and a 200 day moving average of $27.92.
Want Want China Company Profile
Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients.
Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.
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