City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) traded down 8.5% during mid-day trading on Thursday. The company traded as low as $5.17 and last traded at $5.17. 730 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 6,328 shares. The stock had previously closed at $5.65.
City Developments Price Performance
The business has a 50-day moving average of $5.89 and a 200-day moving average of $6.40.
City Developments Company Profile
City Developments Limited (CDL) is a Singapore-based real estate company founded in 1963. It develops and invests in residential, commercial, retail and mixed-use properties, with activities spanning property development, investment and management. CDL also operates in the hospitality sector through Millennium Hotels and Resorts, which manages hotels and other accommodation properties in markets around the world. The company’s business extends beyond Singapore into international markets across Asia, Europe, the Americas and other regions.
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