Country Garden Holdings Company Limited (OTCMKTS:CTRYY – Get 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
Country Garden Company Profile
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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