ValuEngine upgraded shares of China Lending (NASDAQ:CLDC) from a hold rating to a buy rating in a research note issued to investors on Friday.
Shares of China Lending (CLDC) opened at $2.85 on Friday. China Lending has a twelve month low of $2.00 and a twelve month high of $8.30. The company has a debt-to-equity ratio of 0.28, a current ratio of 13.32 and a quick ratio of 13.32.
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China Lending Corporation, formerly DT Asia Investments Limited, is engaged in providing loan facilities to micro, small and medium sized enterprises (MSMEs), and proprietors in the Xinjiang Uyghur Autonomous Region (Xinjiang Province) of the People’s Republic of China. The Company offers loans to industries, including commerce, service, supply chain finance, manufacturing, real estate, mineral and energy, and others.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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