Citic (OTCMKTS:CTPCY) Sets New 52-Week High – Here’s Why

Shares of Citic Ltd. (OTCMKTS:CTPCYGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $8.49 and last traded at $8.49, with a volume of 265 shares changing hands. The stock had previously closed at $7.5150.

Citic Price Performance

The business’s fifty day moving average price is $7.45 and its two-hundred day moving average price is $7.05.

Citic Cuts Dividend

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

Citic Company Profile

(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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