Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $5.71, but opened at $5.42. City Developments shares last traded at $5.42, with a volume of 713 shares changing hands.
City Developments Stock Down 5.1%
The firm’s 50-day moving average price is $5.95 and its two-hundred day moving average price is $6.42.
About City Developments
City Developments Limited (CDL) is a Singapore-based real estate company founded in 1963. It develops and invests in residential, commercial, retail and mixed-use properties, with activities spanning property development, investment and management.
CDL also operates in the hospitality sector through Millennium Hotels and Resorts, which manages hotels and other accommodation properties in markets around the world. The company’s business extends beyond Singapore into international markets across Asia, Europe, the Americas and other regions.
CDL is led by Executive Chairman Kwek Leng Beng and Group Chief Executive Officer Sherman Kwek.
Featured Articles
- Five stocks we like better than City Developments
- Want to Escape the AI Sell-Off? This ETF Offers a Surprising Alternative
- America’s Rare Earth Clock Is Running Out, But the Bottleneck Isn’t Where You Think
- Atlassian Tanks After Huge Run as Guidance Disappoints, But Strength Remains
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
Receive News & Ratings for City Developments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City Developments and related companies with MarketBeat.com's FREE daily email newsletter.
