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Man Wah (OTCMKTS:MAWHY) Shares Up 6.8% - Time to Buy?

Man Wah logo with Consumer Discretionary background

Man Wah Holdings Limited (OTCMKTS:MAWHY - Get Free Report) shot up 6.8% during mid-day trading on Friday . The stock traded as high as $11.86 and last traded at $11.86. 211 shares traded hands during trading, a decline of 57% from the average session volume of 489 shares. The stock had previously closed at $11.10.

Man Wah Stock Performance

The firm's 50-day moving average is $10.50 and its 200-day moving average is $11.15.

Man Wah Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, August 7th. Shareholders of record on Tuesday, July 8th will be given a $0.2446 dividend. The ex-dividend date of this dividend is Monday, July 7th. This represents a 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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