City Developments (OTCMKTS:CDEVY) Reaches New 52-Week High at $7.74

City Developments Limited (OTCMKTS:CDEVY)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $7.74 and last traded at $7.74, with a volume of 146 shares traded. The stock had previously closed at $7.13.

Separately, ValuEngine downgraded shares of City Developments from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd.

The stock has a market cap of $6.75 billion, a price-to-earnings ratio of 17.42 and a beta of 1.16. The business’s fifty day simple moving average is $7.01 and its 200 day simple moving average is $6.73. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.41 and a quick ratio of 1.41.

City Developments (OTCMKTS:CDEVY) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.13 EPS for the quarter. The firm had revenue of $623.83 million during the quarter. City Developments had a net margin of 17.72% and a return on equity of 4.84%. As a group, equities analysts forecast that City Developments Limited will post 0.42 EPS for the current fiscal year.

City Developments Company Profile (OTCMKTS:CDEVY)

City Developments Limited (CDL) is a leading global real estate operating company with a network spanning 100 locations in 28 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, integrated developments and shopping malls.

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