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Man Wah (OTCMKTS:MAWHY) Shares Gap Down - What's Next?

Man Wah logo with Consumer Discretionary background

Man Wah Holdings Limited (OTCMKTS:MAWHY - Get Free Report)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $10.25, but opened at $9.83. Man Wah shares last traded at $9.83, with a volume of 118 shares trading hands.

Man Wah Stock Performance

The firm's 50 day moving average is $10.46 and its two-hundred day moving average is $11.23.

Man Wah Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, August 7th. Stockholders of record on Tuesday, July 8th will be given a dividend of $0.2446 per share. The ex-dividend date is Monday, July 7th. This represents a dividend yield of 5.65%.

Man Wah Company Profile

(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.

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