City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s stock price traded up 8.8% during mid-day trading on Friday. The company traded as high as $6.10 and last traded at $6.10. Approximately 952 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 6,429 shares. The stock had previously closed at $5.6050.
City Developments Trading Up 8.8%
The business has a fifty day simple moving average of $6.01 and a 200 day simple moving average of $6.46.
About City Developments
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate company engaged in property development, investment, and management. Its portfolio includes residential properties, office buildings, retail spaces, hotels, serviced residences, and mixed-use developments.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence across markets in Asia, the United Kingdom, Australia, Europe, and the United States. The company serves homebuyers, commercial tenants, institutional investors, and hospitality customers through its property and hotel businesses.
CDL also operates through its hospitality interests, including the Millennium & Copthorne hotel brand.
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