City Developments Ltd. (OTCMKTS:CDEVY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 52,004 shares changed hands during trading, an increase of 531% from the previous session’s volume of 8,236 shares.The stock last traded at $5.50 and had previously closed at $5.45.
Analyst Upgrades and Downgrades
Separately, Dbs Bank upgraded shares of City Developments to a “moderate buy” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy”.
Read Our Latest Report on City Developments
City Developments Trading Down 3.0%
About City Developments
City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 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, shopping malls and integrated developments.
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