Man Wah (OTCMKTS:MAWHY) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Shares of Man Wah Holdings Limited (OTCMKTS:MAWHYGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.75 and traded as low as $12.00. Man Wah shares last traded at $12.00, with a volume of 51 shares traded.

Man Wah Stock Performance

The stock’s 50-day moving average price is $12.66 and its 200 day moving average price is $12.70.

Man Wah Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Wednesday, December 11th were issued a dividend of $0.3356 per share. The ex-dividend date was Wednesday, December 11th.

About Man Wah

(Get Free Report)

Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.

Further Reading

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