Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) shares gapped down prior to trading on Monday. The stock had previously closed at $19.50, but opened at $16.70. Want Want China shares last traded at $16.70, with a volume of 4,012 shares changing hands.
Want Want China Stock Down 14.4%
The stock has a 50 day moving average price of $20.08 and a 200 day moving average price of $23.33.
About Want Want China
Want Want China Holdings Ltd. is a food and beverage company focused primarily on the Chinese market. The company develops, manufactures and distributes packaged snacks, dairy products, beverages and other consumer food products through retail and distribution channels.
Its product portfolio includes rice crackers and other snack foods, flavored milk, dairy drinks, bottled beverages, confections and related packaged-food products. The Want Want brand is particularly associated with rice-based snacks and dairy beverages, while the company also markets products under additional brand names aimed at different consumer categories.
The business has its roots in Taiwan and expanded into mainland China, where it operates a broad manufacturing and distribution network serving consumers across the country.
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