Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $5.75, but opened at $6.15. Man Wah shares last traded at $6.15, with a volume of 176 shares trading hands.
Man Wah Stock Down 5.4%
The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.10 and a current ratio of 1.36. The firm has a 50-day moving average price of $6.82 and a 200-day moving average price of $9.38.
Man Wah Company Profile
Man Wah Holdings Limited is a Hong Kong-based furniture manufacturer and retailer best known for upholstered furniture, including motion and reclining sofas, stationary sofas, chairs and related home furnishings. The company also offers mattresses and other furniture products for residential and commercial customers.
Founded in 1992, Man Wah has developed manufacturing, distribution and retail operations serving markets in mainland China and internationally. Its products are sold through company-operated and franchised retail outlets, wholesale channels and online platforms, with international business spanning North America, Europe and other regions.
The company markets furniture under the Man Wah brand and operates the Cheers brand, which is associated with its motion-sofa products.
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