City Developments (OTCMKTS:CDEVY) Shares Gap Up – Here’s What Happened

City Developments Ltd. (OTCMKTS:CDEVYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $5.55, but opened at $5.78. City Developments shares last traded at $5.78, with a volume of 443 shares.

Analyst Upgrades and Downgrades

Separately, Dbs Bank upgraded City Developments to a “moderate buy” rating in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

View Our Latest Stock Analysis on CDEVY

City Developments Price Performance

The business has a 50-day moving average of $5.55 and a 200 day moving average of $4.97.

About City Developments

(Get Free Report)

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.

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