Country Garden (OTCMKTS:CTRYY) Reaches New 52-Week Low at $8.42

Country Garden Holdings Company Limited (OTCMKTS:CTRYYGet Rating) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $8.42 and last traded at $8.42, with a volume of 18931 shares changing hands. The stock had previously closed at $13.56.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upgraded Country Garden from a “neutral” rating to an “overweight” rating in a research note on Friday, April 8th.

Country Garden Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.24 and a quick ratio of 1.24. The firm’s 50-day simple moving average is $13.73 and its 200-day simple moving average is $17.01.

Country Garden Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, August 26th. Investors of record on Wednesday, June 8th will be paid a dividend of $0.3363 per share. This represents a yield of 6.96%. The ex-dividend date is Tuesday, June 7th.

Country Garden Company Profile

(Get Rating)

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties primarily in Mainland China. The company operates through two segments, Property Development and Construction. It develops residential projects, such as townhouses and condominiums; and car parks and retail shops.

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