City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.37 and traded as high as $7.3750. City Developments shares last traded at $7.3750, with a volume of 370 shares traded.
Analyst Ratings Changes
Separately, Dbs Bank raised shares of City Developments to a “moderate buy” rating in a research note on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy”.
Check Out Our Latest Research Report on City Developments
City Developments Trading Up 1.0%
About City Developments
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.
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