City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares dropped 5.6% during trading on Monday . The stock traded as low as $5.95 and last traded at $5.95. Approximately 266 shares were traded during trading, a decline of 96% from the average daily volume of 6,931 shares. The stock had previously closed at $6.30.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded shares of City Developments from a “strong sell” rating to a “buy” rating in a report on Wednesday, May 27th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Report on CDEVY
City Developments Price Performance
City Developments Company Profile
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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