CapitaLand (OTCMKTS:CLLDY) Stock Jumps 3.4% – Here’s Why

CapitaLand Limited (OTCMKTS:CLLDY – Get Free Report)’s share price rose 3.4% on Tuesday. The company traded as high as $6.30 and last traded at $6.21. 3,800 shares were traded during mid-day trading, a decline of 65% from the average session volume of 10,943 shares. The stock had previously closed at $6.0050.

CapitaLand Trading Up 3.4%

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

CapitaLand Company Profile

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CapitaLand Investment Limited is a Singapore-based real asset investment management company and the investment management arm of the CapitaLand group. The company manages real estate investment products and provides investment management, development management and property management services across multiple real estate sectors.

Its activities span commercial, retail, lodging, business parks, industrial and logistics properties, as well as integrated developments. CapitaLand Investment manages private real estate funds, listed real estate investment trusts and business trusts, and operates lodging assets through The Ascott Limited, whose brands include Ascott, Citadines, Somerset and lyf.

The company has roots in CapitaLand Limited, which was formed in 2000 through the merger of DBS Land and Pidemco Land.

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