City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares gapped down before the market opened on Monday. The stock had previously closed at $5.71, but opened at $5.42. City Developments shares last traded at $5.42, with a volume of 713 shares changing hands.
City Developments Price Performance
The company has a 50-day simple moving average of $5.91 and a two-hundred day simple moving average of $6.41.
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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