City Developments (OTCMKTS:CDEVY) Shares Gap Up - Here's What Happened

Market Beat
2025.11.27 19:25
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City Developments Ltd. (OTCMKTS:CDEVY) shares gapped up from $5.30 to $5.58 before trading on Wednesday, with a last trade at $5.5550. The company, listed on the Singapore Exchange, is a major global real estate firm. Despite a Buy rating, analysts suggest other stocks may be better investments.

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City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $5.30, but opened at $5.58. City Developments shares last traded at $5.5550, with a volume of 802 shares traded.

City Developments Stock Performance

The company has a 50-day simple moving average of $5.48 and a 200-day simple moving average of $4.84.

About City Developments

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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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