Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) traded down 6.8% on Thursday. The stock traded as low as $5.4341 and last traded at $5.44. Approximately 1,968 shares traded hands during trading, a decline of 71% from the average session volume of 6,681 shares. The stock had previously closed at $5.84.
City Developments Trading Down 0.8%
The stock has a fifty day moving average of $6.11 and a 200-day moving average of $6.23.
City Developments Company Profile
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate operating company engaged in property development, investment and management. Its portfolio includes residential projects, office buildings, retail properties and integrated developments, with activities spanning the acquisition, development and management of real estate assets.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence through operations and investments in markets including the United Kingdom, Australia, Japan and other parts of Asia and Europe.
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