Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) dropped 3.1% during mid-day trading on Thursday . The company traded as low as $12.00 and last traded at $12.00. Approximately 12 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 7 shares. The stock had previously closed at $12.39.
Man Wah Stock Performance
The stock has a 50-day simple moving average of $13.27 and a 200 day simple moving average of $12.74.
Man Wah Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, January 23rd. Investors of record on Wednesday, December 11th will be given a $0.3356 dividend. The ex-dividend date is Wednesday, December 11th.
Man Wah Company Profile
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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