Shares of Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) fell 4.1% during mid-day trading on Tuesday. The stock traded as low as $7.86 and last traded at $7.86. 20,991 shares traded hands during mid-day trading, an increase of 652% from the average session volume of 2,791 shares. The stock had previously closed at $8.20.
Citic Price Performance
The company has a current ratio of 0.42, a quick ratio of 0.41 and a debt-to-equity ratio of 1.21. The stock has a 50-day moving average of $8.31 and a 200 day moving average of $7.97.
Citic Company Profile
CITIC Limited is a China-based diversified investment and operating company formerly known as CITIC Pacific. The company is part of the broader CITIC Group and manages businesses across financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate, and consumer products and services.
Its financial services operations include banking, trust, securities, insurance, asset management, and other related activities. Outside financial services, CITIC has interests in areas such as special steel, energy and mineral resources, infrastructure construction, property development, automotive components, and consumer-oriented businesses.
CITIC serves customers and business partners primarily in mainland China while maintaining international operations and investments.
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