Citic (OTCMKTS:CTPCY) Reaches New 1-Year High – Time to Buy?

Shares of Citic Ltd. (OTCMKTS:CTPCYGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $8.90 and last traded at $8.90, with a volume of 740 shares traded. The stock had previously closed at $8.57.

Citic Trading Up 3.9%

The stock’s 50 day moving average is $7.34 and its two-hundred day moving average is $7.75. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.24 and a quick ratio of 0.23.

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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