Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s share price fell 7.3% on Tuesday . The company traded as low as $6.95 and last traded at $6.95. 500 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 1,448 shares. The stock had previously closed at $7.50.
Citic Trading Down 0.9%
The stock has a fifty day moving average of $8.36 and a two-hundred day moving average of $7.93. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.
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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