China Lending (NASDAQ:CLDC) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Shares of China Lending (CLDC) traded up $0.04 on Friday, hitting $2.80. The company’s stock had a trading volume of 3,887 shares, compared to its average volume of 17,226. China Lending has a 12 month low of $2.00 and a 12 month high of $8.30. The company has a debt-to-equity ratio of 0.28, a quick ratio of 13.32 and a current ratio of 13.32.

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About China Lending

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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