Shares of CapitaLand Limited (OTCMKTS:CLLDY – Get Free Report) shot up 3.4% on Tuesday. The stock traded as high as $6.30 and last traded at $6.21. Approximately 3,800 shares were traded during trading, a decline of 65% from the average daily volume of 10,943 shares. The stock had previously closed at $6.0050.
CapitaLand Trading Up 3.4%
The business’s fifty day simple moving average is $6.21 and its 200-day simple moving average is $6.21. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.79.
CapitaLand Company Profile
CapitaLand Investment Limited (CLI) is a Singapore-based real asset management company. Its activities include managing real estate investment funds and properties, providing lodging management services, and investing in real estate-related assets. CLI operates across multiple real estate sectors, including commercial, retail, lodging, industrial and logistics properties. Its lodging business manages hotels, serviced residences and other accommodation under brands including Ascott. CLI was formed in 2021 through the restructuring of CapitaLand Limited, which separated its investment management and investment property activities from its development business.
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