CBL & Associates Properties (OTCMKTS:CBLAQ) Trading Up 2.4% – Here’s Why

CBL & Associates Properties, Inc. (OTCMKTS:CBLAQGet Free Report)’s share price rose 2.4% during trading on Monday . The company traded as high as $0.18 and last traded at $0.17. Approximately 118,900 shares changed hands during trading, The stock had previously closed at $0.17.

CBL & Associates Properties Price Performance

The business has a fifty day moving average of $0.17 and a 200 day moving average of $0.17. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 6.20.

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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