CCSC Technology International (NASDAQ:CCTG – Get Free Report) released its quarterly earnings results on Friday. The company reported ($0.57) EPS for the quarter, FiscalAI reports. The company had revenue of $4.42 million during the quarter.
CCSC Technology International Trading Down 10.0%
Shares of NASDAQ CCTG traded down $0.08 during mid-day trading on Friday, reaching $0.69. 152,361 shares of the company’s stock were exchanged, compared to its average volume of 2,780,630. The business has a fifty day simple moving average of $0.75 and a 200 day simple moving average of $0.73. CCSC Technology International has a twelve month low of $0.35 and a twelve month high of $26.10.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CCSC Technology International in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CCSC Technology International currently has a consensus rating of “Sell”.
About CCSC Technology International
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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