Want Want China (OTCMKTS:WWNTY) Shares Up 3.3% – Time to Buy?

Want Want China Holdings Ltd. (OTCMKTS:WWNTYGet Free Report) traded up 3.3% on Monday . The company traded as high as $21.23 and last traded at $21.23. 1 shares traded hands during trading, a decline of 80% from the average session volume of 5 shares. The stock had previously closed at $20.5617.

Want Want China Stock Performance

The company has a fifty day moving average of $21.76 and a two-hundred day moving average of $25.96.

Want Want China Company Profile

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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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