Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) crossed 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 Down 3.1 %
The company’s fifty day moving average price is $12.75 and its two-hundred day moving average price is $12.70.
Man Wah Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Wednesday, December 11th were given a dividend of $0.3356 per share. The ex-dividend date was Wednesday, December 11th.
About Man Wah
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.
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