Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report)’s stock price reached a new 52-week low on Thursday. The stock traded as low as $5.76 and last traded at $5.76, with a volume of 337 shares trading hands. The stock had previously closed at $6.4285.
Man Wah Trading Down 12.7%
The business has a 50-day simple moving average of $7.31 and a 200-day simple moving average of $8.71. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 0.03.
About Man Wah
Man Wah Holdings Limited is a Hong Kong-based furniture manufacturer and retailer specializing in upholstered furniture. The company is best known for its recliner sofas, motion furniture and related living-room products, and also offers sofas, mattresses, dining furniture, occasional furniture and home accessories.
Man Wah markets products under brands including Cheers, which focuses on recliner sofas and home comfort products, as well as the Man Wah brand. Its business includes product design, manufacturing, wholesale distribution and retailing through company-operated stores, dealers and other sales channels.
Founded in 1992, the company has developed an international operating and distribution network.
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