New World Development (OTCMKTS:NDVLY) Shares Cross Below 50-Day Moving Average of $0.74

New World Development Company Limited (OTCMKTS:NDVLYGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.74 and traded as low as $0.64. New World Development shares last traded at $0.64, with a volume of 2,303 shares traded.

New World Development Price Performance

The company has a fifty day moving average of $0.74 and a two-hundred day moving average of $0.91. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.51.

New World Development Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, December 27th. Investors of record on Friday, November 24th were issued a $0.0162 dividend. The ex-dividend date was Wednesday, November 22nd.

About New World Development

(Get Free Report)

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.

Further Reading

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