Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $8.53 and last traded at $8.53, with a volume of 1583 shares traded. The stock had previously closed at $9.0544.
Man Wah Stock Down 5.8%
The company has a 50 day simple moving average of $10.89 and a 200-day simple moving average of $11.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.46 and a quick ratio of 1.21.
About Man Wah
Man Wah Holdings Limited operates as a vertically integrated designer, manufacturer and distributor of upholstered furniture. Headquartered in Hong Kong, the company primarily develops and produces a range of sofas, recliners, sectionals and related home furnishings. Man Wah’s operations encompass research and development, automated manufacturing processes and quality control, enabling it to maintain consistent standards across its product lines.
The company’s product portfolio includes leather and fabric upholstery, modular seating systems and motion furniture designed for residential and contract applications.
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