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Citic (OTCMKTS:CTPCY) Hits New 1-Year High - What's Next?

Citic logo with Multi-Sector Conglomerates background

Citic Ltd. (OTCMKTS:CTPCY - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $7.32 and last traded at $7.23, with a volume of 836 shares trading hands. The stock had previously closed at $7.00.

Citic Stock Performance

The firm's fifty day moving average is $6.27 and its 200-day moving average is $5.96. The company has a quick ratio of 0.33, a current ratio of 0.34 and a debt-to-equity ratio of 1.31.

Citic Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, August 25th. Shareholders of record on Tuesday, July 1st will be issued a dividend of $0.2306 per share. This represents a dividend yield of 4.97%. This is a boost from Citic's previous dividend of $0.12. The ex-dividend date of this dividend is Monday, June 30th.

Citic Company Profile

(Get Free Report)

CITIC Limited operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide. The Comprehensive Financial Services segment provides banking, investment research, securities brokerage, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services.

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