Citic (OTCMKTS:CTPCY) Shares Gap Down – Here’s What Happened

Shares of Citic Ltd. (OTCMKTS:CTPCYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $7.59, but opened at $7.2304. Citic shares last traded at $7.2304, with a volume of 100 shares trading hands.

Citic Trading Down 4.7%

The company has a debt-to-equity ratio of 1.37, a current ratio of 0.24 and a quick ratio of 0.23. The business has a 50-day simple moving average of $7.46 and a two-hundred day simple moving average of $7.22.

Citic Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, September 24th were paid a $0.1201 dividend. The ex-dividend date of this dividend was Tuesday, September 23rd. This represents a yield of 452.0%.

About Citic

(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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