Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s share price traded up 11.6% during mid-day trading on Thursday . The company traded as high as $9.04 and last traded at $9.04. 22,541 shares changed hands during trading, an increase of 1,124% from the average session volume of 1,841 shares. The stock had previously closed at $8.10.
Citic Price Performance
The business’s 50 day simple moving average is $7.64 and its 200 day simple moving average is $7.80. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 1.32.
About Citic
CITIC Limited is a Hong Kong-listed investment holding company and diversified conglomerate with operations spanning financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate and consumer products. The company is the listed platform of the broader CITIC Group and serves corporate, institutional and retail customers through its businesses.
Its financial services operations include commercial banking, trust services, asset management, securities, insurance and other related activities.
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