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

CITIC logo with Multi-Sector Conglomerates background

Shares of CITIC Limited (OTCMKTS:CTPCY - Get Free Report) traded down 4% during mid-day trading on Thursday . The company traded as low as $5.76 and last traded at $5.91. 3,818 shares changed hands during trading, an increase of 118% from the average session volume of 1,754 shares. The stock had previously closed at $6.15.

CITIC Trading Down 4.0 %

The stock's 50-day moving average price is $5.33 and its 200-day moving average price is $4.93.

CITIC Cuts Dividend

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

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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