Multi Ways (NYSE:MWG) Stock Price Up 0.1% – Should You Buy?

Multi Ways Holdings Limited (NYSE:MWGGet Free Report) shot up 0.1% during trading on Tuesday . The company traded as high as $1.27 and last traded at $1.2108. 2,015 shares were traded during trading, a decline of 97% from the average daily volume of 61,021 shares. The stock had previously closed at $1.21.

Multi Ways Price Performance

The company has a 50-day moving average of $1.27 and a 200 day moving average of $1.60.

Multi Ways Company Profile

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Multi Ways Holdings Limited supplies a range of heavy construction equipment for sales and rental in Singapore, Australia, and internationally. The company engages in the supplying and rental of new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries. It offers earth-moving equipment, such as bulldozers, off-terrain dump trucks, excavators, and wheel loaders; material-handling equipment, such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts, and telescopic handlers; road-building equipment comprising motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers, and mini excavators; and air compressors, generators, lighting towers, and welding machines.

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