Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $6.37, but opened at $5.9550. City Developments shares last traded at $5.9550, with a volume of 119 shares trading hands.
City Developments Stock Performance
The business’s 50-day moving average is $6.18 and its two-hundred day moving average is $6.34. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.77 and a quick ratio of 0.77.
About City Developments
City Developments Limited (CDL) is a Singapore-based global real estate operating company engaged in property development, investment and management. Its portfolio includes residential developments, commercial offices, retail properties, integrated developments and industrial assets. The company also provides property-related services, including facilities management and asset management.
Founded in 1963, CDL has developed a substantial presence in Singapore and operates internationally through residential, commercial and hospitality businesses.
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