Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 330 shares, a growth of 65.8% from the June 30th total of 199 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 228 shares, the short-interest ratio is currently 1.4 days.
Citic Price Performance
Shares of OTCMKTS CTPCY opened at $6.66 on Friday. The firm has a 50-day simple moving average of $7.56 and a 200-day simple moving average of $7.76. 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 has a 52 week low of $6.52 and a 52 week high of $8.71.
Citic Company Profile
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.
See Also
- Five stocks we like better than Citic
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
- MarketBeat Week in Review – 07/27- 07/31
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
Receive News & Ratings for Citic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citic and related companies with MarketBeat.com's FREE daily email newsletter.
