CCSC Technology International (NASDAQ:CCTG) Stock Price Down 3.1% – Should You Sell?

CCSC Technology International Holdings Limited (NASDAQ:CCTGGet Free Report) shares fell 3.1% during mid-day trading on Friday . The company traded as low as $0.65 and last traded at $0.6692. Approximately 133,876 shares changed hands during trading, a decline of 85% from the average daily volume of 899,955 shares. The stock had previously closed at $0.6908.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of CCSC Technology International in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on CCTG

CCSC Technology International Stock Performance

The company has a current ratio of 2.09, a quick ratio of 1.65 and a debt-to-equity ratio of 0.01. The stock has a fifty day moving average of $0.80 and a 200-day moving average of $0.68.

CCSC Technology International (NASDAQ:CCTGGet Free Report) last issued its quarterly earnings results on Friday, July 17th. The company reported ($0.57) earnings per share (EPS) for the quarter. The company had revenue of $4.42 million during the quarter.

CCSC Technology International Company Profile

(Get Free Report)

CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and sells interconnect products in Asia, Europe, and the Americas. It offers original equipment manufacturer and original design manufacture interconnect products, including connectors, cables, and wire harnesses used for a range of applications in various industries, such as industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products. The company was founded in 1993 and is headquartered in Sha Tin, Hong Kong.

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