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

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

Citic Price Performance

The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 1.32. The stock has a 50-day moving average of $7.34 and a 200 day moving average of $7.75.

About Citic

(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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