City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $5.5950, but opened at $5.92. City Developments shares last traded at $5.92, with a volume of 190 shares.
City Developments Stock Up 8.8%
The company has a fifty day simple moving average of $6.01 and a 200-day simple moving average of $6.46.
About City Developments
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate company engaged in property development, investment, and management. Its portfolio includes residential properties, office buildings, retail spaces, hotels, serviced residences, and mixed-use developments.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence across markets in Asia, the United Kingdom, Australia, Europe, and the United States. The company serves homebuyers, commercial tenants, institutional investors, and hospitality customers through its property and hotel businesses.
CDL also operates through its hospitality interests, including the Millennium & Copthorne hotel brand.
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