Want Want China Holdings Ltd. (OTCMKTS:WWNTY – Get Free Report) saw unusually-strong trading volume on Friday. 970 shares were traded during mid-day trading, an increase of 57% from the previous session’s volume of 618 shares. The stock last traded at $19.50 and had previously closed at $19.68.
Want Want China Trading Down 0.9%
The stock’s 50-day moving average is $20.46 and its two-hundred day moving average is $23.80.
About Want Want China
Want Want China Holdings Ltd. is a food and beverage company focused primarily on the Chinese market. The company develops, manufactures and distributes packaged snacks, dairy products, beverages and other consumer food products through retail and distribution channels.
Its product portfolio includes rice crackers and other snack foods, flavored milk, dairy drinks, bottled beverages, confections and related packaged-food products. The Want Want brand is particularly associated with rice-based snacks and dairy beverages, while the company also markets products under additional brand names aimed at different consumer categories.
The business has its roots in Taiwan and expanded into mainland China, where it operates a broad manufacturing and distribution network serving consumers across the country.
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