City Developments Limited (OTCMKTS:CDEVY - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,000 shares, a decrease of 40.0% from the December 31st total of 5,000 shares. Based on an average daily trading volume, of 25,300 shares, the short-interest ratio is presently 0.1 days.
City Developments Price Performance
OTCMKTS CDEVY traded down $0.08 during mid-day trading on Thursday, reaching $3.83. 1,103 shares of the company's stock traded hands, compared to its average volume of 8,611. The company has a fifty day simple moving average of $3.80 and a 200-day simple moving average of $3.94. City Developments has a 1-year low of $3.61 and a 1-year high of $4.81.
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.
Featured Stories
Before you consider City Developments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and City Developments wasn't on the list.
While City Developments currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.