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City Developments (OTCMKTS:CDEVY) Shares Gap Up - Should You Buy?

City Developments logo with Finance background

Key Points

  • City Developments Ltd. (CDEVY) experienced a price jump, opening at $5.10 after a previous close of $4.76, with a trading volume of 1,638 shares.
  • The company's financial indicators include a quick ratio of 0.81, a current ratio of 0.81, and a debt-to-equity ratio of 0.94.
  • As a major player in the global real estate market, City Developments operates across 112 locations in 29 countries, focusing on a diverse portfolio that includes residences, offices, and hotels.
  • Five stocks we like better than City Developments.

City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $4.76, but opened at $5.10. City Developments shares last traded at $5.10, with a volume of 1,638 shares changing hands.

City Developments Stock Up 2.8%

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

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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