Want Want China (OTCMKTS:WWNTY) Hits New 12-Month High - Time to Buy?

Key Points

• Want Want China Holdings Ltd. (OTCMKTS:WWNTY) achieved a new 52-week high of $36.94 during mid-day trading, reflecting a significant rise from its previous close of $33.31.
• The company has solid financials, with a quick ratio of 1.23 and a debt-to-equity ratio of 0.03, indicating a strong liquidity position and low leverage.
• Want Want China operates in multiple segments including food and beverages, delivering a diverse range of products such as dairy, snacks, and drinks.

Want Want China Holdings Ltd. (OTCMKTS:WWNTY - )'s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $36.94 and last traded at $36.94, with a volume of 478 shares traded. The stock had previously closed at $33.31.

Want Want China Stock Performance

The company has a quick ratio of 1.23, a current ratio of 1.53 and a debt-to-equity ratio of 0.03. The firm's fifty day moving average is $32.53 and its 200-day moving average is $31.12.

Want Want China Company Profile

Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages. The company operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products. It offers sugar coated crackers, savoury crackers, fried crackers, and gift packs; flavored milk, room temperature yogurt, yogurt drinks, ready-to-drink coffee, juice and sports drinks, herbal tea, and milk powder; candies, popsicles, ball cakes and jellies, beans, nuts, and other snacks; and wine and other food products.

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