City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as $5.15 and last traded at $5.15, with a volume of 330 shares changing hands. The stock had previously closed at $5.42.
City Developments Trading Down 0.4%
The firm has a 50-day simple moving average of $5.87 and a two-hundred day simple moving average of $6.39.
About City Developments
City Developments Limited (CDL) is a Singapore-based real estate company founded in 1963. It develops and invests in residential, commercial, retail and mixed-use properties, with activities spanning property development, investment and management. CDL also operates in the hospitality sector through Millennium Hotels and Resorts, which manages hotels and other accommodation properties in markets around the world. The company’s business extends beyond Singapore into international markets across Asia, Europe, the Americas and other regions.
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