Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s share price was up 7.9% during trading on Thursday. The stock traded as high as $8.48 and last traded at $8.48. Approximately 888 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 2,755 shares. The stock had previously closed at $7.86.
Citic Price Performance
The company has a current ratio of 0.42, a quick ratio of 0.41 and a debt-to-equity ratio of 1.21. The firm has a fifty day simple moving average of $8.31 and a two-hundred day simple moving average of $7.97.
Citic Company Profile
CITIC Limited is a China-based diversified investment and operating company formerly known as CITIC Pacific. The company is part of the broader CITIC Group and manages businesses across financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate, and consumer products and services.
Its financial services operations include banking, trust, securities, insurance, asset management, and other related activities. Outside financial services, CITIC has interests in areas such as special steel, energy and mineral resources, infrastructure construction, property development, automotive components, and consumer-oriented businesses.
CITIC serves customers and business partners primarily in mainland China while maintaining international operations and investments.
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