New World Development (OTCMKTS:NDVLY) Sees Unusually-High Trading Volume - Here's What Happened

New World Development Co. (OTCMKTS:NDVLY - Get Free Report) shares saw strong trading volume on Thursday . 33,417 shares were traded during trading, an increase of 234% from the previous session's volume of 10,014 shares.The stock last traded at $0.7160 and had previously closed at $0.5750.Get New World Development alerts:New World Development Stock PerformanceThe stock has a fifty day moving average of $0.44 and a 200-day moving average of $0.43. The company has a current ratio of 4.89, a quick ratio of 4.89 and a debt-to-equity ratio of 0.70. 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.Recommended StoriesFive stocks we like better than New World DevelopmentDo not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthNEW LAW: Congress Approves Setup For Digital Dollar?“Fed Proof” Your Bank Account with THESE 4 Simple StepsA U.S. “birthright” claim worth trillions - activated quietlyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in New World Development Right Now?Before you consider New World Development, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New World Development wasn't on the list.While New World Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here