CCH Holdings Ltd (NASDAQ:CCHH – Get Free Report) CEO Kok Goh sold 4,872,500 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $0.28, for a total transaction of $1,364,300.00. Following the transaction, the chief executive officer owned 347,500 shares in the company, valued at $97,300. This represents a 93.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
CCH Stock Performance
NASDAQ CCHH opened at $1.42 on Thursday. CCH Holdings Ltd has a 52-week low of $1.15 and a 52-week high of $153.90. The firm has a 50-day moving average of $2.67 and a 200-day moving average of $4.68. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.04 and a current ratio of 2.11.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of CCH from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
About CCH
We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.
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