Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $6.52, but opened at $8.1297. Citic shares last traded at $7.5255, with a volume of 464 shares.
Citic Trading Up 13.0%
The business’s 50 day simple moving average is $7.41 and its 200-day simple moving average is $7.74. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 1.32.
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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