Multi Ways (NYSE:MWG) Trading 0.2% Higher – Still a Buy?

Multi Ways Holdings Limited (NYSE:MWG)’s stock price rose 0.2% on Tuesday . The stock traded as high as $2.21 and last traded at $2.0950. Approximately 12,926 shares traded hands during trading, a decline of 61% from the average daily volume of 32,850 shares. The stock had previously closed at $2.09.

Multi Ways Trading Up 0.2%

The business’s 50-day simple moving average is $2.38 and its 200-day simple moving average is $2.66.

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. It offers earth-moving equipment, such as bulldozers, off-terrain dump trucks, excavators, and wheel loaders; material-handling equipment, such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts, and telescopic handlers; road-building equipment comprising motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers, and mini excavators; and air compressors, generators, lighting towers, and welding machines.