Multi Ways Holdings Limited (NYSE:MWG – Get Free Report) was down 24.9% during trading on Friday . The company traded as low as $0.42 and last traded at $0.43. Approximately 3,963,294 shares were traded during trading, an increase of 669% from the average daily volume of 515,571 shares. The stock had previously closed at $0.57.
Multi Ways Stock Performance
The business’s 50-day moving average price is $0.45 and its 200 day moving average price is $0.39. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.50 and a current ratio of 1.66.
Multi Ways Company Profile
Multi Ways Holdings Limited supplies a range of heavy construction equipment for sales and rental in Singapore, Australia, and internationally. The company engages in the supplying and rental of new and used heavy construction equipment in the infrastructure, building construction, mining, offshore and marine, and oil and gas industries.
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