Multi Ways Holdings Limited (NYSE:MWG – Get Free Report) shares passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $1.37 and traded as low as $1.25. Multi Ways shares last traded at $1.36, with a volume of 29,857 shares changing hands.
Multi Ways Stock Performance
The stock’s 50-day moving average is $1.37 and its 200-day moving average is $1.59.
Multi Ways Company Profile
Multi Ways Holdings Limited is a Singapore-based provider of heavy construction equipment and related services. The company sells new and used machinery, offers equipment rentals, and provides spare parts and after-sales support to construction and infrastructure customers. Its equipment portfolio includes excavators, wheel loaders, bulldozers, dump trucks, cranes and other machinery used in construction, civil engineering, mining and related industries. Multi Ways serves customers primarily in Singapore and Australia, with equipment supplied to additional international markets.
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