Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s stock price rose 5.8% during trading on Thursday. The stock traded as high as $8.46 and last traded at $8.46. Approximately 283 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 2,154 shares. The stock had previously closed at $7.9990.
Citic Price Performance
The business’s 50 day moving average is $7.91 and its 200 day moving average is $7.86. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.24 and a quick ratio of 0.23.
About Citic
CITIC Limited is a China-based conglomerate with operations spanning financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate and consumer-related businesses. The company serves corporate, institutional and retail customers through a diversified portfolio of businesses.
Its financial services activities include banking, trust, securities, insurance and asset management. Other operations are involved in the exploration and processing of natural resources, special steel and heavy equipment manufacturing, infrastructure development, construction and engineering services, property development, and the production or distribution of consumer products.
CITIC traces its origins to the establishment of China International Trust and Investment Corporation in 1979.
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