Shares of CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) fell 0.4% on Wednesday . The company traded as low as $0.64 and last traded at $0.64. 2,000 shares were traded during trading, a decline of 50% from the average session volume of 4,000 shares. The stock had previously closed at $0.6425.
CDL Hospitality Trusts Price Performance
The company’s 50-day moving average is $0.65 and its 200 day moving average is $0.61.
CDL Hospitality Trusts Company Profile
CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore‐listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income‐generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper‐midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).
The trust’s portfolio spans key gateway cities in Singapore and Australia.
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