Multi Ways (NYSE:MWG) Shares Down 4.1% – Time to Sell?

Multi Ways Holdings Limited (NYSE:MWG – Get Free Report) fell 4.1% during mid-day trading on Thursday. The company traded as low as $1.36 and last traded at $1.4450. 9,603 shares were traded during mid-day trading, a decline of 82% from the average session volume of 52,831 shares. The stock had previously closed at $1.5065.

Multi Ways Stock Down 0.4%

The firm has a 50 day moving average of $1.31 and a 200-day moving average of $1.44.

About Multi Ways

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Multi Ways Holdings Limited is a Singapore-based supplier of new and used heavy construction equipment. Through its operating subsidiaries, the company sells machinery used in construction, infrastructure development, mining, and related industries.

Its product range includes excavators, wheel loaders, bulldozers, dump trucks, cranes, and other heavy equipment, as well as replacement parts. Multi Ways also provides equipment rental and related support services, including maintenance and repairs, to help customers operate and maintain their machinery.

The company was established in Singapore in 2001 and serves customers primarily in Singapore, Australia, and other international markets.

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