Cathay International (LON:CTI) Trading Down 7.1%

Cathay International Holdings Ltd (LON:CTI)’s share price dropped 7.1% on Wednesday . The stock traded as low as GBX 3.12 ($0.04) and last traded at GBX 3.25 ($0.04), approximately 167,772 shares were traded during trading. An increase of 496% from the average daily volume of 28,138 shares. The stock had previously closed at GBX 3.50 ($0.05).

The company has a debt-to-equity ratio of 178.15, a quick ratio of 0.32 and a current ratio of 0.61. The firm’s 50-day moving average price is GBX 4.22 and its two-hundred day moving average price is GBX 6.63. The firm has a market capitalization of $12.00 million and a price-to-earnings ratio of -0.56.

About Cathay International (LON:CTI)

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.

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