New World Development Co. (OTCMKTS:NDVLY - Get Free Report) shares rose 5.7% during trading on Monday . The stock traded as high as $0.45 and last traded at $0.45. Approximately 1,887 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 11,832 shares. The stock had previously closed at $0.42.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded shares of New World Development from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of "Hold".
View Our Latest Stock Report on NDVLY
New World Development Stock Performance
The company has a fifty day moving average price of $0.36 and a 200-day moving average price of $0.34.
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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