Citic (OTCMKTS:CTPCY) Reaches New 1-Year High – What’s Next?

Citic Ltd. (OTCMKTS:CTPCYGet Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $8.10 and last traded at $8.10, with a volume of 1001 shares traded. The stock had previously closed at $7.17.

Citic Trading Up 13.0%

The company’s fifty day moving average is $7.39 and its 200-day moving average is $6.98.

Citic Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, September 24th will be given a dividend of $0.1201 per share. The ex-dividend date is Tuesday, September 23rd. This represents a yield of 452.0%.

About Citic

(Get Free Report)

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.

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