City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $7.10, but opened at $6.77. City Developments shares last traded at $6.77, with a volume of 199 shares.
Analyst Ratings Changes
Separately, Dbs Bank upgraded shares of City Developments to a "moderate buy" rating in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy".
View Our Latest Report on CDEVY
City Developments Price Performance
The company's 50-day moving average price is $7.32 and its 200 day moving average price is $6.18.
About City Developments
(
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City Developments Limited OTCMKTS: CDEVY is a Singapore-based real estate developer founded in 1963. As one of the country's largest and most established property companies, it operates as part of the Hong Leong Group of Companies. Over the past five decades, City Developments has grown from its local beginnings into an international developer with a diversified portfolio spanning residential, commercial and mixed-use projects.
The company's core activities include property development, investment and management.
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