Citic (OTCMKTS:CTPCY) Shares Gap Up – Here’s Why

Citic Ltd. (OTCMKTS:CTPCYGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $8.57, but opened at $9.50. Citic shares last traded at $9.50, with a volume of 205 shares changing hands.

Citic Stock Performance

The stock’s 50-day moving average price is $7.46 and its 200 day moving average price is $7.78. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.23 and a current ratio of 0.24.

About Citic

(Get Free Report)

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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