Citic (OTCMKTS:CTPCY) Trading Up 11.6% – Still a Buy?

Citic Ltd. (OTCMKTS:CTPCYGet Free Report)’s share price rose 11.6% during mid-day trading on Thursday . The company traded as high as $9.04 and last traded at $9.04. Approximately 22,541 shares were traded during mid-day trading, an increase of 1,124% from the average session volume of 1,841 shares. The stock had previously closed at $8.10.

Citic Trading Up 11.6%

The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.23 and a current ratio of 0.24. The company has a 50 day moving average of $7.58 and a 200-day moving average of $7.79.

Citic Company Profile

(Get Free Report)

CITIC Limited is a Hong Kong-listed investment holding company and diversified conglomerate with operations spanning financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate and consumer products. The company is the listed platform of the broader CITIC Group and serves corporate, institutional and retail customers through its businesses.

Its financial services operations include commercial banking, trust services, asset management, securities, insurance and other related activities.

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