CapitaLand (OTCMKTS:CLLDY) Trading 3.4% Higher – Time to Buy?

CapitaLand Limited (OTCMKTS:CLLDYGet Free Report) shares rose 3.4% during mid-day trading on Friday . The stock traded as high as $6.30 and last traded at $6.21. Approximately 3,800 shares changed hands during trading, a decline of 65% from the average daily volume of 10,943 shares. The stock had previously closed at $6.0050.

CapitaLand Trading Up 3.4%

The company has a debt-to-equity ratio of 0.79, a current ratio of 0.95 and a quick ratio of 0.95. The company’s 50 day moving average price is $6.21 and its two-hundred day moving average price is $6.21.

About CapitaLand

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CapitaLand Group is a Singapore-based diversified real estate developer, investor and asset manager. The company’s operations span integrated developments in residential, commercial, logistics, data centre and lodging sectors. CapitaLand undertakes the full property life cycle—from land acquisition and development to leasing, asset management and divestment—while providing real estate services such as property and facility management. It also sponsors and manages a suite of real estate investment trusts (REITs) and private funds, offering investors access to a broad range of property assets.

Founded in 2000 through the consolidation of PSA’s property interests, CapitaLand has grown through strategic development projects and acquisitions across Asia and beyond.

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