Want Want China (OTCMKTS:WWNTY) Sets New 12-Month Low – Time to Sell?

Want Want China Holdings Ltd. (OTCMKTS:WWNTYGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $25.00 and last traded at $25.00, with a volume of 108 shares changing hands. The stock had previously closed at $30.15.

Want Want China Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.60 and a current ratio of 1.93. The stock has a 50-day moving average price of $28.47 and a 200-day moving average price of $29.98.

About Want Want China

(Get Free Report)

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.

Further Reading

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