Want Want China (OTCMKTS:WWNTY) Shares Gap Down - Here's What Happened

Shares of Want Want China Holdings Ltd. (OTCMKTS:WWNTY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $32.25, but opened at $30.15. Want Want China shares last traded at $30.15, with a volume of 128 shares trading hands.Get Want Want China alerts:Want Want China Price PerformanceThe stock has a 50 day moving average price of $31.18 and a two-hundred day moving average price of $33.43. The company has a quick ratio of 1.60, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. About Want Want China (Get Free Report)Want Want China Holdings Limited, trading on the OTC market under the symbol WWNTY, is a leading food and beverage company best known for its popular rice crackers, snack foods and flavored beverages. The company’s core product lineup includes a variety of seasoned rice cracker snacks, milk drinks, soy milk beverages and other savory treats, all marketed under the Want Want brand as well as several sub-brands tailored to regional tastes. In addition to snacks and beverages, Want Want China also produces dairy-based desserts and operates packaging business units that support both in-house and third-party clients. Originally founded in Taiwan in the 1960s by entrepreneur Tsai Eng-meng, Want Want expanded into mainland China in the early 1990s to tap into burgeoning consumer demand.Further ReadingFive stocks we like better than Want Want ChinaElon Taking SpaceX Public! $100 Pre-IPO Opportunity!Do not delete, read immediatelyThis stock gets a 94 out of 100The $100 Trillion AI Story No One Is Telling You3 Overlooked Deductions to Help Potentially Minimize Capital Gains TaxThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Want Want China Right Now?Before you consider Want Want China, 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 Want Want China wasn't on the list.While Want Want China currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here