Citic (OTCMKTS:CTPCY) Reaches New 52-Week High – Should You Buy?

Citic Ltd. (OTCMKTS:CTPCYGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as $8.49 and last traded at $8.49, with a volume of 265 shares. The stock had previously closed at $7.5150.

Citic Price Performance

The business’s 50-day moving average price is $7.46 and its two-hundred day moving average price is $7.08.

Citic Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 1st. Stockholders of record on Wednesday, September 24th will be paid a dividend of $0.1201 per share. The ex-dividend date of this dividend is Tuesday, September 23rd. This represents a dividend yield of 452.0%.

Citic Company Profile

(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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