Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $8.7650 and last traded at $8.6470, with a volume of 587 shares trading hands. The stock had previously closed at $8.35.
Citic Trading Up 2.3%
The company has a current ratio of 0.24, a quick ratio of 0.23 and a debt-to-equity ratio of 1.32. The business has a 50-day simple moving average of $7.24 and a 200-day simple moving average of $7.74.
About Citic
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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