Want Want China (OTCMKTS:WWNTY) Sees Strong Trading Volume - Should You Buy?

Key Points

• Want Want China Holdings Ltd. experienced a massive increase in trading volume, reaching 6,927 shares on Thursday, a 3,183% rise from 211 shares the previous session.
• The stock was last traded at $36.65, slightly down from its previous closing price of $36.94.
• Want Want China is an investment holding company operating in four segments: rice crackers, dairy products and beverages, snack foods, and other food products.

Want Want China Holdings Ltd. (OTCMKTS:WWNTY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 6,927 shares were traded during mid-day trading, an increase of 3,183% from the previous session's volume of 211 shares.The stock last traded at $36.65 and had previously closed at $36.94.

Want Want China Stock Performance

The business has a 50 day simple moving average of $32.94 and a 200 day simple moving average of $31.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 1.23.

About Want Want China

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.