Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) were down 8.3% during trading on Tuesday. The stock traded as low as $6.18 and last traded at $6.18. 2,156 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 6,911 shares. The stock had previously closed at $6.74.
City Developments Price Performance
The business’s 50-day simple moving average is $6.19 and its two-hundred day simple moving average is $6.32. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.00.
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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