Want Want China (OTCMKTS:WWNTY) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Want Want China Holdings Ltd. (OTCMKTS:WWNTY)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $34.38 and traded as high as $36.02. Want Want China shares last traded at $36.02, with a volume of 794 shares changing hands.

Want Want China Stock Down 3.9%

The firm has a 50 day moving average of $34.38 and a two-hundred day moving average of $32.34. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.23 and a current ratio of 1.53.

Want Want China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 3rd. Stockholders of record on Monday, September 1st will be given a $0.95 dividend. This represents a dividend yield of 264.0%. The ex-dividend date of this dividend is Friday, August 29th.

Want Want China Company Profile

Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages. The company operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products. It offers sugar coated crackers, savoury crackers, fried crackers, and gift packs; flavored milk, room temperature yogurt, yogurt drinks, ready-to-drink coffee, juice and sports drinks, herbal tea, and milk powder; candies, popsicles, ball cakes and jellies, beans, nuts, and other snacks; and wine and other food products.