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Citic (OTCMKTS:CTPCY) Hits New 12-Month High - Here's Why

Citic logo with Multi-Sector Conglomerates background

Citic Ltd. (OTCMKTS:CTPCY - Get Free Report)'s share price hit 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 changing hands. The stock had previously closed at $7.00.

Citic Stock Up 3.3%

The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 1.31. The business's fifty day moving average price is $6.21 and its 200 day moving average price is $5.94.

Citic Increases Dividend

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

About Citic

(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.

Further Reading

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