New World Development Co. (OTCMKTS:NDVLY – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $0.4892, but opened at $0.5157. New World Development shares last traded at $0.5157, with a volume of 1,040 shares changing hands.
New World Development Stock Up 7.2%
The company has a quick ratio of 4.89, a current ratio of 4.89 and a debt-to-equity ratio of 0.70. The business’s 50 day moving average price is $0.42 and its two-hundred day moving average price is $0.42.
New World Development Company Profile
New World Development Company Limited is a Hong Kong–based conglomerate founded in 1970 by Dr. Cheng Yu-Tung. The company’s core business lies in property development and investment, encompassing residential, commercial and retail projects. Through its flagship developments and joint ventures, New World Development has established a reputation for large-scale mixed-use complexes, premium office towers and luxury residential communities in Greater China and beyond.
Beyond property, New World Development has diversified into infrastructure and services via its listed subsidiary, NWS Holdings.
Further Reading
- Five stocks we like better than New World Development
- Wall Street Alert: Buy AES
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- URGENT: Trump Just Triggered AI’s Biggest Disruption Yet
Receive News & Ratings for New World Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New World Development and related companies with MarketBeat.com's FREE daily email newsletter.
