Shares of City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) hit a new 52-week low on Tuesday. The stock traded as low as $5.15 and last traded at $5.15, with a volume of 253 shares traded. The stock had previously closed at $5.59.
City Developments Stock Performance
The business has a 50-day moving average price of $6.03 and a 200-day moving average price of $6.48.
About City Developments
City Developments Limited (OTCMKTS:CDEVY), commonly known as CDL, is a Singapore-based real estate company engaged in property development, investment, and management. Its portfolio includes residential properties, office buildings, retail spaces, hotels, serviced residences, and mixed-use developments.
Founded in 1963, CDL has developed projects in Singapore and maintains an international presence across markets in Asia, the United Kingdom, Australia, Europe, and the United States. The company serves homebuyers, commercial tenants, institutional investors, and hospitality customers through its property and hotel businesses.
CDL also operates through its hospitality interests, including the Millennium & Copthorne hotel brand.
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