Media headlines about China Commercial Credit (NASDAQ:CCCR) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. China Commercial Credit earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 44.4795671901405 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
China Commercial Credit (NASDAQ CCCR) traded up 0.37% during mid-day trading on Monday, hitting $2.71. 43,035 shares of the stock were exchanged. China Commercial Credit has a 52 week low of $0.89 and a 52 week high of $3.42. The company’s market capitalization is $48.83 million. The stock’s 50-day moving average is $2.70 and its 200 day moving average is $2.30.
Separately, ValuEngine downgraded shares of China Commercial Credit from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th.
In other China Commercial Credit news, CFO Long Yi bought 11,000 shares of the business’s stock in a transaction on Thursday, August 31st. The stock was purchased at an average price of $2.64 per share, for a total transaction of $29,040.00. Following the completion of the transaction, the chief financial officer now directly owns 488,875 shares of the company’s stock, valued at $1,290,630. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Yang Jie bought 849,900 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were acquired at an average price of $0.09 per share, with a total value of $76,491.00. The disclosure for this purchase can be found here. 2.49% of the stock is owned by company insiders.
China Commercial Credit Company Profile
China Commercial Credit, Inc is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co, Ltd.
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