Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $7.60, but opened at $8.0750. Citic shares last traded at $8.0750, with a volume of 105 shares traded.
Citic Price Performance
The firm’s 50-day moving average is $8.31 and its 200-day moving average is $7.86. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.42 and a quick ratio of 0.41.
About Citic
CITIC Limited is a China-based diversified investment and operating company formerly known as CITIC Pacific. The company is part of the broader CITIC Group and manages businesses across financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate, and consumer products and services.
Its financial services operations include banking, trust, securities, insurance, asset management, and other related activities. Outside financial services, CITIC has interests in areas such as special steel, energy and mineral resources, infrastructure construction, property development, automotive components, and consumer-oriented businesses.
CITIC serves customers and business partners primarily in mainland China while maintaining international operations and investments.
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