Cathay International Holdings Limited (CTI.L) (LON:CTI) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Cathay International Holdings Limited (CTI.L) (LON:CTI) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.75 ($0.01) and traded as high as GBX 0.97 ($0.01). Cathay International Holdings Limited (CTI.L) shares last traded at GBX 0.75 ($0.01), with a volume of 1,030 shares changing hands.

Cathay International Holdings Limited (CTI.L) Stock Performance

The business’s fifty day moving average price is GBX 0.75 and its 200-day moving average price is GBX 0.75. The company has a debt-to-equity ratio of 49.62, a current ratio of 1.64 and a quick ratio of 1.46. The stock has a market capitalization of £14.35 million and a PE ratio of 3.75.

Cathay International Holdings Limited (CTI.L) Company Profile

Cathay International Holdings Limited, an investment holding company, invests and operates in the healthcare sector in the People's Republic of China. It operates through five segments: Lansen, Haizi, Natural Dailyhealth, Botai, and Hotel Operations. The Lansen segment manufactures, markets, and sells pharmaceuticals, cosmeceutical products, plant extracts, and healthcare products.