City Developments (OTCMKTS:CDEVY) Sets New 12-Month High – Here’s What Happened

City Developments Ltd. (OTCMKTS:CDEVYGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $6.66 and last traded at $6.66, with a volume of 636 shares traded. The stock had previously closed at $6.2350.

Analyst Ratings Changes

Separately, Dbs Bank upgraded City Developments to a “moderate buy” rating in a report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Stock Report on City Developments

City Developments Price Performance

The business’s fifty day simple moving average is $5.73 and its 200 day simple moving average is $5.23.

About City Developments

(Get Free Report)

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.

Further Reading

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