Cedar Woods Properties (ASX:CWP) Sets New 1-Year High at $7.34

Cedar Woods Properties Limited (ASX:CWP)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as A$7.34 ($5.21) and last traded at A$7.06 ($5.01), with a volume of 127817 shares traded. The stock had previously closed at A$7.20 ($5.11).

The stock has a market capitalization of $566.06 million and a P/E ratio of 11.65. The stock’s fifty day moving average is A$6.95 and its 200-day moving average is A$6.20. The company has a debt-to-equity ratio of 31.61, a current ratio of 3.16 and a quick ratio of 0.40.

The firm also recently disclosed a Final dividend, which was paid on Friday, October 25th. Investors of record on Friday, October 25th were issued a $0.135 dividend. This represents a yield of 2.13%. The ex-dividend date of this dividend was Wednesday, September 25th. Cedar Woods Properties’s dividend payout ratio is presently 52.81%.

In other news, insider Nathan Blackburne 14,942 shares of the firm’s stock in a transaction on Wednesday, August 28th.

Cedar Woods Properties Company Profile (ASX:CWP)

Cedar Woods Properties Limited engages in property investment and development activities in Australia. The company is involved in the urban land subdivision and development of residential, commercial, and retail projects in Western Australia, Victoria, Queensland, and South Australia. It offers small affordable housing lots at its residential estates and luxury apartments at boutique waterfront developments.

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