Man Wah (OTCMKTS:MAWHY) Hits New 52-Week Low – Time to Sell?

Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) hit a new 52-week low on Thursday. The stock traded as low as $6.4180 and last traded at $6.4180, with a volume of 285 shares changing hands. The stock had previously closed at $7.01.

Man Wah Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.36 and a quick ratio of 1.10. The stock has a 50 day simple moving average of $7.77 and a 200 day simple moving average of $9.25.

Man Wah Company Profile

(Get Free Report)

Man Wah Holdings Limited is a Hong Kong-based furniture manufacturer and distributor best known for its functional and upholstered furniture products. The company produces recliner sofas, motion sofas, sofa beds, conventional sofas, mattresses and other home furnishings, serving residential consumers through retail and distribution channels.

Established in 1992, Man Wah has developed manufacturing and sales operations in multiple markets. Its products are sold in mainland China and internationally, including North America, Europe, Australia and other parts of Asia.

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