Free Trial

Man Wah (OTCMKTS:MAWHY) Shares Pass Above 50-Day Moving Average - Here's What Happened

Man Wah logo with Consumer Discretionary background

Man Wah Holdings Limited (OTCMKTS:MAWHY - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.55 and traded as high as $11.25. Man Wah shares last traded at $11.25, with a volume of 2,260 shares traded.

Man Wah Price Performance

The business has a 50 day moving average of $10.55 and a 200 day moving average of $11.12.

Man Wah Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 7th. Stockholders of record on Tuesday, July 8th will be paid a $0.2446 dividend. The ex-dividend date of this dividend 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.

See Also

Should You Invest $1,000 in Man Wah Right Now?

Before you consider Man Wah, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Man Wah wasn't on the list.

While Man Wah currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Time to Cash Out? 5 Stocks to Drop Before Earnings
Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines