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City Developments (OTCMKTS:CDEVY) Hits New 52-Week High - Here's Why

City Developments logo with Finance background

Key Points

  • City Developments Ltd. shares reached a new 52-week high at $5.30, last trading at $5.18 with a volume of 131,121 shares.
  • The company, listed on the Singapore Exchange, is one of the largest by market capitalization and operates in 112 locations across 29 countries.
  • City Developments has a debt-to-equity ratio of 0.94 and a current ratio of 0.81, indicating stable financial metrics.
  • Five stocks we like better than City Developments.

City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $5.30 and last traded at $5.18, with a volume of 131121 shares changing hands. The stock had previously closed at $4.76.

City Developments Stock Performance

The firm's fifty day simple moving average is $4.45 and its 200 day simple moving average is $3.99. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.94.

About City Developments

(Get Free Report)

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.

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