Shares of CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) were down 2.1% on Tuesday . The company traded as low as $0.6267 and last traded at $0.6267. 1 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 4,000 shares. The stock had previously closed at $0.64.
CDL Hospitality Trusts Price Performance
The firm’s 50-day moving average is $0.64 and its two-hundred day moving average is $0.64.
CDL Hospitality Trusts Company Profile
CDL Hospitality Trusts (OTCMKTS: CDHSF) is a Singapore‐listed stapled trust that owns and operates a diversified portfolio of hospitality properties in Asia Pacific. The trust combines real estate investment trust (REIT) units and stapled security units, providing investors with exposure to income‐generating hotel assets. Its main business activities include acquiring, owning, leasing and managing a mix of upscale and upper‐midscale hotels under established international brands, as well as boutique and lifestyle properties tied to its sponsor, City Developments Limited (CDL).
The trust’s portfolio spans key gateway cities in Singapore and Australia.
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