CDL Hospitality Trusts (OTCMKTS:CDHSF) Shares Climb 0.5% – Here’s What Happened

CDL Hospitality Trusts (OTCMKTS:CDHSF – Get Free Report) shot up 0.5% during trading on Thursday. The stock traded as high as $0.64 and last traded at $0.64. Approximately 346 shares were traded during trading, a decline of 91% from the average session volume of 4,000 shares. The stock had previously closed at $0.6366.

CDL Hospitality Trusts Trading Up 0.5%

The stock’s 50-day simple moving average is $0.64 and its 200 day simple moving average is $0.64.

CDL Hospitality Trusts Company Profile

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CDL Hospitality Trusts is a Singapore-based hospitality-focused stapled group listed on the Singapore Exchange and traded in the United States over the counter under the symbol CDHSF. It comprises CDL Hospitality Real Estate Investment Trust, which owns income-producing real estate, and CDL Hospitality Business Trust, which is intended to hold hospitality-related operating businesses and assets.

The trust’s portfolio is primarily focused on hotels and resorts, with additional exposure to serviced residences and other hospitality-related properties.

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