New World Development (NDVLY) to Release Quarterly Earnings on Friday

New World Development (OTCMKTS:NDVLYGet Free Report) is expected to release its results before the market opens on Friday, February 27th. Analysts expect New World Development to post earnings of $0.0006 per share and revenue of $1.8760 billion for the quarter.

New World Development Price Performance

OTCMKTS:NDVLY opened at $0.63 on Friday. New World Development has a 52 week low of $0.21 and a 52 week high of $0.80. 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 $0.52 and its 200-day moving average is $0.47.

New World Development Company Profile

(Get Free Report)

New World Development Company Limited is a Hong Kong–based conglomerate founded in 1970 by Dr. Cheng Yu-Tung. The company’s core business lies in property development and investment, encompassing residential, commercial and retail projects. Through its flagship developments and joint ventures, New World Development has established a reputation for large-scale mixed-use complexes, premium office towers and luxury residential communities in Greater China and beyond.

Beyond property, New World Development has diversified into infrastructure and services via its listed subsidiary, NWS Holdings.

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