City Developments Limited (NASDAQ:CDEVY) Receives Consensus Recommendation of “Sell” from Brokerages
City Developments Limited (NASDAQ:CDEVY) has received an average broker rating score of 4.00 (Sell) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating.
Zacks has also given City Developments Limited an industry rank of 197 out of 265 based on the ratings given to related companies.
City Developments Limited (NASDAQ:CDEVY) traded up 1.320% during trading on Tuesday, reaching $6.525. 1,708 shares of the company’s stock traded hands. The stock has a market capitalization of $5.93 billion and a P/E ratio of 11.269. The stock has a 50-day moving average price of $6.45 and a 200 day moving average price of $6.17. City Developments Limited has a 1-year low of $4.62 and a 1-year high of $6.80.
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City Developments Limited Company Profile
City Developments Limited (CDL) is a real estate operating company. The Company’s principal activities are those of a property developer and owner, and investment holding. The principal activities of the subsidiaries are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management and provision of consultancy services, hospitality-related information technology, procurement services and provision of laundry services.
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