New World Development (OTCMKTS:NDVLY) Shares Gap Up – What’s Next?

New World Development Co. (OTCMKTS:NDVLYGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $0.3814, but opened at $0.4084. New World Development shares last traded at $0.4084, with a volume of 105 shares.

New World Development Stock Up 1.1%

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 firm has a 50 day simple moving average of $0.43 and a 200 day simple moving average of $0.40.

New World Development Company Profile

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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.

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