Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report)’s stock price shot up 17.7% during mid-day trading on Thursday . The company traded as high as $12.36 and last traded at $12.36. 228 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 219 shares. The stock had previously closed at $10.50.
Man Wah Price Performance
The company has a 50 day moving average of $11.49 and a 200 day moving average of $11.68. The company has a quick ratio of 1.21, a current ratio of 1.46 and a debt-to-equity ratio of 0.01.
Man Wah Company Profile
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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