Shares of Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $8.3820, but opened at $7.8788. Citic shares last traded at $7.8788, with a volume of 3,016 shares.
Citic Stock Down 6.0%
The company has a 50 day simple moving average of $8.43 and a 200 day simple moving average of $7.92. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.
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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