Shares of Citic Ltd. (OTCMKTS:CTPCY – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $7.87 and traded as high as $8.0750. Citic shares last traded at $8.0750, with a volume of 1,123 shares trading hands.
Citic Trading Up 6.1%
The stock’s fifty day moving average is $8.32 and its two-hundred day moving average is $7.87.
About Citic
CITIC Limited is a China-based diversified investment and operating company formerly known as CITIC Pacific. The company is part of the broader CITIC Group and manages businesses across financial services, resources and energy, manufacturing, engineering contracting, infrastructure, real estate, and consumer products and services.
Its financial services operations include banking, trust, securities, insurance, asset management, and other related activities. Outside financial services, CITIC has interests in areas such as special steel, energy and mineral resources, infrastructure construction, property development, automotive components, and consumer-oriented businesses.
CITIC serves customers and business partners primarily in mainland China while maintaining international operations and investments.
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