City Developments (OTCMKTS:CDEVY) Reaches New 1-Year High - Should You Buy?

City Developments Ltd. (OTCMKTS:CDEVY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $7.50 and last traded at $7.50, with a volume of 130 shares changing hands. The stock had previously closed at $7.1950.Get City Developments alerts:Wall Street Analyst Weigh InSeparately, Dbs Bank raised City Developments to a "moderate buy" rating in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy".Check Out Our Latest Stock Analysis on City DevelopmentsCity Developments Trading Up 3.0%The company has a 50 day moving average of $6.15 and a 200-day moving average of $5.55. City Developments Company Profile (Get Free Report)City Developments Limited OTCMKTS: CDEVY is a Singapore-based real estate developer founded in 1963. As one of the country's largest and most established property companies, it operates as part of the Hong Leong Group of Companies. Over the past five decades, City Developments has grown from its local beginnings into an international developer with a diversified portfolio spanning residential, commercial and mixed-use projects. The company's core activities include property development, investment and management.Read MoreFive stocks we like better than City DevelopmentsHow a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthNEW LAW: Congress Approves Setup For Digital Dollar?The $100 Trillion AI Story No One Is Telling YouThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in City Developments Right Now?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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here