Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $8.71 and last traded at $8.71, with a volume of 6604 shares trading hands. The stock had previously closed at $8.54.
Citic Stock Performance
The company has a debt-to-equity ratio of 1.32, a current ratio of 0.24 and a quick ratio of 0.23. The firm has a 50 day simple moving average of $8.23 and a 200-day simple moving average of $7.86.
Citic Company Profile
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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