Citic (OTCMKTS:CTPCY) Shares Gap Down – Here’s What Happened

Citic Ltd. (OTCMKTS:CTPCYGet Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $8.45, but opened at $7.9050. Citic shares last traded at $7.9050, with a volume of 952 shares changing hands.

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 stock’s 50-day moving average price is $7.23 and its 200-day moving average price is $7.73.

About Citic

(Get Free Report)

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.

Further Reading

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