City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) traded up 8.1% during trading on Friday. The stock traded as high as $5.92 and last traded at $5.92. 1,398 shares traded hands during trading, a decline of 79% from the average daily volume of 6,549 shares. The stock had previously closed at $5.4750.
City Developments Price Performance
The firm has a 50-day moving average of $6.06 and a 200-day moving average of $6.20.
About City Developments
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate company engaged in property development, investment, and management. Its portfolio includes residential properties, office buildings, retail spaces, hotels, serviced residences, and mixed-use developments.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence across markets in Asia, the United Kingdom, Australia, Europe, and the United States. The company serves homebuyers, commercial tenants, institutional investors, and hospitality customers through its property and hotel businesses.
CDL also operates through its hospitality interests, including the Millennium & Copthorne hotel brand.
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