Cathay International Holdings Limited (CTI.L) (LON:CTI) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Cathay International Holdings Limited (CTI.L) (LON:CTI) 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 trading hands.

Cathay International Holdings Limited (CTI.L) Price Performance

The company has a quick ratio of 1.46, a current ratio of 1.64 and a debt-to-equity ratio of 49.62. The firm has a market capitalization of £14.35 million and a P/E ratio of 3.75. The business’s 50-day simple moving average is GBX 0.75 and its 200 day simple moving average is GBX 0.75.

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.