Citic Ltd. (OTCMKTS:CTPCY - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $6.96, but opened at $6.70. Citic shares last traded at $6.70, with a volume of 506 shares changing hands.
Citic Stock Performance
The stock has a fifty day simple moving average of $6.13 and a two-hundred day simple moving average of $5.91. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.24 and a quick ratio of 0.22.
Citic Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, August 25th. Stockholders of record on Tuesday, July 1st will be given a dividend of $0.2306 per share. This represents a dividend yield of 4.97%. This is an increase from Citic's previous dividend of $0.12. The ex-dividend date of this dividend is Monday, June 30th.
Citic Company Profile
(
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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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