Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shares dropped 10.3% during trading on Monday. The stock traded as low as $7.2150 and last traded at $7.61. Approximately 1,012 shares were traded during mid-day trading, a decline of 63% from the average session volume of 2,743 shares. The stock had previously closed at $8.48.
Citic Price Performance
The business has a 50-day simple moving average of $8.33 and a 200-day simple moving average of $7.98. The company has a current ratio of 0.42, a quick ratio of 0.41 and a debt-to-equity ratio of 1.21.
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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