City Developments Limited (NASDAQ:CDEVY) Receives Consensus Recommendation of “Sell” from Brokerages
City Developments Limited (NASDAQ:CDEVY) has earned an average broker rating score of 4.00 (Sell) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating.
Zacks has also given City Developments Limited an industry rank of 197 out of 265 based on the ratings given to its competitors.
City Developments Limited (NASDAQ:CDEVY) traded up 1.320% during mid-day trading on Tuesday, hitting $6.525. 1,708 shares of the company were exchanged. The company has a 50 day moving average of $6.45 and a 200 day moving average of $6.17. The stock has a market cap of $5.93 billion and a P/E ratio of 11.269. City Developments Limited has a 12-month low of $4.62 and a 12-month high of $6.80.
About City Developments Limited
City Developments Limited (CDL) is a real estate operating company. The Company’s principal activities are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services.
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