Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was up 4.7% during trading on Friday . The company traded as high as $8.2745 and last traded at $8.2745. Approximately 238 shares traded hands during trading, a decline of 81% from the average daily volume of 1,229 shares. The stock had previously closed at $7.9050.
Citic Trading Down 0.9%
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 company has a fifty day moving average price of $7.21 and a two-hundred day moving average price of $7.73.
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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