Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shares crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $7.87 and traded as low as $7.18. Citic shares last traded at $7.18, with a volume of 1,687 shares trading hands.
Citic Stock Performance
The business has a 50 day simple moving average of $8.20 and a two-hundred day simple moving average of $7.87. The company has a current ratio of 0.42, a quick ratio of 0.41 and a debt-to-equity ratio of 1.21.
Citic Company Profile
CITIC Limited is a Hong Kong-based conglomerate with businesses spanning financial services, resources and energy, advanced manufacturing, engineering contracting, real estate, and infrastructure. Its activities include banking and other financial services, the production of materials such as special steel and iron ore, and the development and operation of infrastructure projects. The company operates primarily in mainland China and also has business interests in international markets. Its origins trace to CITIC Pacific, which changed its name to CITIC Limited in 2014 following a restructuring that brought in major businesses from its parent, state-owned CITIC Group.
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