City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report)’s share price traded down 8.5% on Thursday. The company traded as low as $5.17 and last traded at $5.17. Approximately 730 shares changed hands during trading, a decline of 88% from the average session volume of 6,328 shares. The stock had previously closed at $5.65.
City Developments Stock Down 4.6%
The stock has a fifty day moving average price of $5.89 and a 200-day moving average price of $6.40.
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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