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CITIC (OTCMKTS:CTPCY) Shares Up 7.9% - Still a Buy?

CITIC logo with Multi-Sector Conglomerates background

CITIC Limited (OTCMKTS:CTPCY - Get Free Report)'s stock price rose 7.9% on Tuesday . The stock traded as high as $6.31 and last traded at $6.31. Approximately 74,016 shares were traded during mid-day trading, an increase of 3,006% from the average daily volume of 2,383 shares. The stock had previously closed at $5.85.

CITIC Trading Up 4.3%

The stock has a 50-day moving average price of $5.84 and a 200-day moving average price of $5.85.

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.

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