City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s stock price gapped up prior to trading on Wednesday. The stock had previously closed at $5.61, but opened at $5.94. City Developments shares last traded at $5.94, with a volume of 267 shares.
City Developments Trading Down 6.7%
The firm has a fifty day simple moving average of $6.12 and a 200 day simple moving average of $6.24.
About City Developments
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate operating company engaged in property development, investment and management. Its portfolio includes residential projects, office buildings, retail properties and integrated developments, with activities spanning the acquisition, development and management of real estate assets.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence through operations and investments in markets including the United Kingdom, Australia, Japan and other parts of Asia and Europe.
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