City Developments (OTCMKTS:CDEVY) Sets New 12-Month High – Here’s What Happened

by · The Markets Daily

City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as $7.50 and last traded at $7.50, with a volume of 130 shares. The stock had previously closed at $7.1950.

Analyst Ratings Changes

Separately, Dbs Bank upgraded 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 presently has an average rating of “Buy”.

Read Our Latest Stock Analysis on CDEVY

City Developments Stock Performance

The business’s 50-day moving average price is $6.23 and its two-hundred day moving average price is $5.58.

City Developments Company Profile

(Get Free Report)

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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