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 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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