CBL & Associates Properties (OTCMKTS:CBLAQ) Trading Up 2.4% – Time to Buy?

CBL & Associates Properties, Inc. (OTCMKTS:CBLAQGet Free Report)’s stock price rose 2.4% during trading on Wednesday . The stock traded as high as $0.18 and last traded at $0.17. Approximately 118,900 shares changed hands during trading, a decline of 85% from the average daily volume of 810,224 shares. The stock had previously closed at $0.17.

CBL & Associates Properties Trading Up 2.4 %

The company has a debt-to-equity ratio of 5.95, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s fifty day moving average is $0.17 and its two-hundred day moving average is $0.17.

About CBL & Associates Properties

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CBL & Associates Properties, Inc is a real estate investment trust, which owns and operates retail properties. The firm engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties. It operates through Malls and All Other segments.

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