City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.14 and traded as high as $6.30. City Developments shares last traded at $6.30, with a volume of 608 shares changing hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group upgraded shares of City Developments from a “strong sell” rating to a “buy” rating in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, City Developments presently has an average rating of “Buy”.
Check Out Our Latest Research Report on City Developments
City Developments Trading Up 3.4%
About City Developments
City Developments Limited (CDL) is a Singapore-based global real estate operating company engaged in property development, investment and management. Its portfolio includes residential developments, commercial offices, retail properties, integrated developments and industrial assets. The company also provides property-related services, including facilities management and asset management.
Founded in 1963, CDL has developed a substantial presence in Singapore and operates internationally through residential, commercial and hospitality businesses.
Further Reading
- Five stocks we like better than City Developments
- These 3 Stocks Sit at the Center of NVIDIA’s Cybersecurity Push
- Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
- Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
- These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
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.
