CCSC Technology International (NASDAQ:CCTG) Issues Earnings Results

CCSC Technology International (NASDAQ:CCTG) released its quarterly earnings results on Friday. The company reported ($0.57) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $4.42 million during the quarter.

CCSC Technology International Stock Performance

Shares of CCSC Technology International stock opened at $0.69 on Friday. CCSC Technology International has a twelve month low of $0.35 and a twelve month high of $26.10. The business has a 50-day moving average price of $0.76 and a 200-day moving average price of $0.73.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CCSC Technology International in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average 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.