Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s share price rose 0.3% on Thursday . The company traded as high as $8.5635 and last traded at $8.5635. Approximately 484 shares traded hands during trading, an increase of 1,315% from the average daily volume of 34 shares. The stock had previously closed at $8.54.
Citic Price Performance
The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32. The stock has a fifty day simple moving average of $8.23 and a two-hundred day simple moving average of $7.87.
About Citic
CITIC (OTCMKTS: CTPCY) is a diversified Chinese conglomerate and the publicly traded arm of CITIC Group, a state-owned investment company. The company operates as an investment holding platform with businesses spanning financial services, resources and energy, manufacturing, engineering contracting, real estate, and investment and asset management. Through its portfolio of operating units and equity investments, CITIC participates in both commercial and industrial activities across multiple sectors.
In financial services, CITIC’s activities typically include banking, securities, trust and other capital market-related businesses conducted via holdings and strategic investments.
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