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City Developments (OTCMKTS:CDEVY) Stock Price Crosses Below 50-Day Moving Average - Should You Sell?

City Developments logo with Finance background

City Developments Limited (OTCMKTS:CDEVY - Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.07 and traded as low as $3.95. City Developments shares last traded at $3.99, with a volume of 14,941 shares.

City Developments Stock Performance

The company has a fifty day moving average of $4.07 and a two-hundred day moving average of $4.07.

City Developments Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 13th. Shareholders of record on Monday, August 26th were issued a $0.0134 dividend. The ex-dividend date of this dividend was Monday, August 26th.

About City Developments

(Get Free Report)

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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