New World Development (OTCMKTS:NDVLY – Get Free Report) is projected to post its results before the market opens on Friday, February 27th. Analysts expect New World Development to post earnings of $0.0006 per share and revenue of $1.8760 billion for the quarter.
New World Development Stock Down 2.0%
OTCMKTS:NDVLY opened at $0.63 on Friday. New World Development has a 12 month low of $0.21 and a 12 month high of $0.80. The company has a debt-to-equity ratio of 0.70, a quick ratio of 4.89 and a current ratio of 4.89. The firm has a fifty day simple moving average of $0.52 and a two-hundred day simple moving average of $0.47.
About New World Development
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.
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