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New World Development (OTCMKTS:NDVLY) Hits New 12-Month High - What's Next?

Written by MarketBeat
October 21, 2025
New World Development logo with Finance background

Key Points

  • New World Development (OTCMKTS:NDVLY) reached a new 52-week high of $0.61 during trading but is currently down to $0.42.
  • The company received an upgrade from Goldman Sachs, changing its rating from "strong sell" to "hold".
  • Despite the recent high and upgrades, the stock is down 8.2% and has a current ratio of 4.89 and a debt-to-equity ratio of 0.70.
  • Five stocks we like better than New World Development.

New World Development Co. (OTCMKTS:NDVLY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $0.61 and last traded at $0.42, with a volume of 40382 shares trading hands. The stock had previously closed at $0.46.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded New World Development from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of "Hold".

Get Our Latest Stock Analysis on New World Development

New World Development Stock Down 8.2%

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 firm's fifty day moving average is $0.45 and its two-hundred day moving average is $0.37.

New World Development Company Profile

(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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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