City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $8.02 and last traded at $8.02, with a volume of 655 shares changing hands. The stock had previously closed at $7.8150.
Analyst Upgrades and Downgrades
Separately, Dbs Bank raised 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, According to MarketBeat, the company presently has an average rating of “Buy”.
Read Our Latest Stock Report on City Developments
City Developments Stock Performance
City Developments Company Profile
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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