CITIC (OTCMKTS:CTPCY) Shares Down 4% – Time to Sell?

CITIC Limited (OTCMKTS:CTPCYGet Free Report)’s stock price was down 4% on Thursday . The stock traded as low as $5.76 and last traded at $5.91. Approximately 3,818 shares traded hands during trading, an increase of 118% from the average daily volume of 1,754 shares. The stock had previously closed at $6.15.

CITIC Price Performance

The firm has a 50-day moving average price of $5.33 and a 200-day moving average price of $4.93.

CITIC Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Investors of record on Tuesday, September 24th will be issued a $0.1175 dividend. The ex-dividend date is Tuesday, September 24th.

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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