Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $8.71 and last traded at $8.71, with a volume of 6604 shares traded. The stock had previously closed at $8.54.
Citic Price Performance
The business’s fifty day moving average price is $8.29 and its 200-day moving average price is $7.88. The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32.
About Citic
CITIC (OTCMKTS: CTPCY) is a diversified Chinese conglomerate and the publicly traded arm of CITIC Group, a state-owned investment company. The company operates as an investment holding platform with businesses spanning financial services, resources and energy, manufacturing, engineering contracting, real estate, and investment and asset management. Through its portfolio of operating units and equity investments, CITIC participates in both commercial and industrial activities across multiple sectors.
In financial services, CITIC’s activities typically include banking, securities, trust and other capital market-related businesses conducted via holdings and strategic investments.
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