Citic (OTCMKTS:CTPCY) Trading Up 8.8% – Time to Buy?

Shares of Citic Ltd. (OTCMKTS:CTPCYGet Free Report) shot up 8.8% on Monday . The company traded as high as $7.87 and last traded at $7.87. 644 shares were traded during trading, a decline of 67% from the average session volume of 1,929 shares. The stock had previously closed at $7.2304.

Citic Price Performance

The business’s 50-day moving average price is $7.52 and its two-hundred day moving average price is $7.29. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.23 and a current ratio of 0.24.

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.

Read More

Receive News & Ratings for Citic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citic and related companies with MarketBeat.com's FREE daily email newsletter.