City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $6.65, but opened at $6.38. City Developments shares last traded at $6.38, with a volume of 424 shares traded.
City Developments Trading Down 4.1%
The company has a 50 day moving average of $7.16 and a 200-day moving average of $6.31. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.77 and a current ratio of 0.77.
City Developments Company Profile
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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