Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s stock price gapped down before the market opened on Monday. The stock had previously closed at $8.0750, but opened at $7.18. Citic shares last traded at $7.18, with a volume of 1,388 shares trading hands.
Citic Stock Performance
The business’s 50 day moving average is $8.23 and its 200-day moving average is $7.87. 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 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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