Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) shares gapped down before the market opened on Friday. The stock had previously closed at $7.2350, but opened at $6.4980. Man Wah shares last traded at $6.4980, with a volume of 1,485 shares traded.
Man Wah Trading Down 10.2%
The firm’s fifty day moving average price is $7.55 and its 200 day moving average price is $9.00. The company has a quick ratio of 1.10, a current ratio of 1.36 and a debt-to-equity ratio of 0.03.
Man Wah Company Profile
Man Wah Holdings Limited is a Hong Kong-based furniture manufacturer and retailer specializing in upholstered furniture. The company is best known for its recliner sofas, motion furniture and related living-room products, and also offers sofas, mattresses, dining furniture, occasional furniture and home accessories.
Man Wah markets products under brands including Cheers, which focuses on recliner sofas and home comfort products, as well as the Man Wah brand. Its business includes product design, manufacturing, wholesale distribution and retailing through company-operated stores, dealers and other sales channels.
Founded in 1992, the company has developed an international operating and distribution network.
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