Citic (OTCMKTS:CTPCY) Shares Gap Up – Here’s Why

Citic Ltd. (OTCMKTS:CTPCY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $8.3090, but opened at $8.84. Citic shares last traded at $8.84, with a volume of 321 shares traded.

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 company has a 50-day moving average price of $7.53 and a 200-day moving average price of $7.78.

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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