Shares of CITIC Limited (OTCMKTS:CTPCY – Get Free Report) traded down 4% during trading on Thursday . The stock traded as low as $5.76 and last traded at $5.91. 3,818 shares traded hands during mid-day trading, an increase of 118% from the average session volume of 1,754 shares. The stock had previously closed at $6.15.
CITIC Price Performance
The company’s 50-day moving average is $5.30 and its 200-day moving average is $4.92.
CITIC Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, November 25th. Shareholders of record on Tuesday, September 24th will be given a $0.1175 dividend. The ex-dividend date is Tuesday, September 24th.
About CITIC
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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