Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) was down 4.1% during mid-day trading on Tuesday. The stock traded as low as $7.86 and last traded at $7.86. 20,991 shares were traded during trading, an increase of 652% from the average daily volume of 2,791 shares. The stock had previously closed at $8.20.
Citic Stock Down 4.1%
The firm’s fifty day simple moving average is $8.29 and its 200 day simple moving average is $7.97. The company has a quick ratio of 0.41, a current ratio of 0.42 and a debt-to-equity ratio of 1.21.
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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