Want Want China (OTCMKTS:WWNTY) Shares Gap Down – Here’s Why

Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report)’s share price gapped down prior to trading on Friday. The stock had previously closed at $21.23, but opened at $19.68. Want Want China shares last traded at $19.68, with a volume of 868 shares changing hands.

Want Want China Trading Down 7.3%

The firm has a fifty day simple moving average of $20.77 and a 200-day simple moving average of $24.53.

About Want Want China

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Want Want China Holdings Limited is a food and beverage company best known for its branded snack foods, dairy products and beverages. Its portfolio includes rice crackers, flavored milk, dairy drinks, packaged snacks and other processed food products sold under brands such as Want Want and Wang Zai.

The company traces its origins to Taiwan, where its predecessor began operations in 1962. Want Want expanded into mainland China in the 1990s and has since developed manufacturing, distribution and sales operations serving consumers across China.

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