Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shot up 11.6% on Thursday . The stock traded as high as $9.04 and last traded at $9.04. 22,541 shares were traded during trading, an increase of 1,124% from the average daily volume of 1,841 shares. The stock had previously closed at $8.10.
Citic Stock Up 11.6%
The firm’s fifty day moving average is $7.58 and its 200 day moving average is $7.79. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.
Citic Company Profile
CITIC Limited is a Hong Kong-listed investment holding company and diversified conglomerate with operations spanning financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate and consumer products. The company is the listed platform of the broader CITIC Group and serves corporate, institutional and retail customers through its businesses.
Its financial services operations include commercial banking, trust services, asset management, securities, insurance and other related activities.
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