CCSC Technology International (NASDAQ:CCTG) Shares Up 0.8% – Here’s What Happened

Shares of CCSC Technology International Holdings Limited (NASDAQ:CCTG) traded up 0.8% during trading on Friday. The company traded as high as $0.4863 and last traded at $0.4536. 43,760 shares changed hands during trading, a decline of 27% from the average daily volume of 59,689 shares. The stock had previously closed at $0.4501.

Analysts Set New Price Targets

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

CCSC Technology International Trading Up 0.8%

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.09 and a quick ratio of 1.65. The firm’s fifty day simple moving average is $0.63 and its 200-day simple moving average is $0.64.

CCSC Technology International (NASDAQ:CCTG) last posted its 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.

About CCSC Technology International

CCSC Technology International Holdings Limited (NASDAQ: CCTG) is a connectivity-products manufacturer and supplier serving business customers that require customized electronic and electrical interconnection solutions. The company’s offerings include cable assemblies, wire harnesses, connectors and related components designed for use in a range of equipment and systems.

CCSC Technology serves customers across industries such as industrial equipment, automotive, medical devices, consumer electronics and other applications requiring specialized wiring and connectivity products.