Multi Ways (NYSE:MWG) Shares Down 3.3% – Time to Sell?

Multi Ways Holdings Limited (NYSE:MWGGet Free Report) shares dropped 3.3% during mid-day trading on Monday . The stock traded as low as $0.26 and last traded at $0.26. Approximately 235,052 shares were traded during trading, a decline of 53% from the average daily volume of 503,599 shares. The stock had previously closed at $0.27.

Multi Ways Stock Performance

The company has a 50 day moving average price of $0.40 and a 200-day moving average price of $0.39.

About Multi Ways

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Multi Ways Holdings Limited supplies a range of heavy construction equipment for sales and rental in Singapore, Australia, and internationally. The company engages in the supplying and rental of new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries.

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