Is New World Development stock a buy?

Yes, New World Development pays dividends. Last time was Thursday 25th of April 2024 where the investors holding the stock on Wednesday 20th of March 2024 were paid $0.013 per share. Over the last 44 times between 2001 and 2024, New World Development has paid $2.241256 with an average of $0.05 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for New World Development 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $2.84, you would have made a loss of $-2.31 per share or -81.47%

No, the average daily trading liquidity for New World Development is $20 910 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

New World Development has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.04, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for New World Development to be high [0.85 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.