City Developments (OTCMKTS:CDEVY) Reaches New 52-Week High - Should You Buy?

Key Points

• City Developments Ltd. shares reached a new 52-week high of $4.99 during mid-day trading on Friday, with a trading volume of 913 shares.
• The company has a debt-to-equity ratio of 0.94 and has shown an increase in trading price, moving up 0.2% from a previous close of $4.98.
• City Developments is a leading global real estate company with a portfolio that includes residences, offices, hotels, and shopping malls, operating in 29 countries.

City Developments Ltd. (OTCMKTS:CDEVY - ) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $4.99 and last traded at $4.99, with a volume of 913 shares changing hands. The stock had previously closed at $4.98.

City Developments Trading Up 0.2%

The company has a 50 day simple moving average of $4.31 and a two-hundred day simple moving average of $3.94. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.81 and a current ratio of 0.81.

About City Developments

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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