For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
CCSC Technology International Holdings Ltd (NASDAQ: CCTG) closed the day trading at $1.22 up 2.52% from the previous closing price of $1.19. In other words, the price has increased by $2.52 from its previous closing price. On the day, 2.19 million shares were traded. CCTG stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.04.
Ratios:
For a better understanding of CCTG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.89 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 27 ’24 when Cyber Generations Investment L bought 113,230 shares for $1.61 per share.
CCSC Investment Limited bought 113,230 shares of CCTG for $182,300 on Dec 27 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCTG now has a Market Capitalization of 28484410 and an Enterprise Value of 11714558. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.60 while its Price-to-Book (P/B) ratio in mrq is 10.25. Its current Enterprise Value per Revenue stands at 0.664 whereas that against EBITDA is -6.622.
Stock Price History:
The Beta on a monthly basis for CCTG is -1.22, which has changed by -0.22292995 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, CCTG has reached a high of $3.17, while it has fallen to a 52-week low of $0.88. The 50-Day Moving Average of the stock is -2.95%, while the 200-Day Moving Average is calculated to be -11.45%.
Shares Statistics:
Over the past 3-months, CCTG traded about 961.18K shares per day on average, while over the past 10 days, CCTG traded about 3248810 shares per day. A total of 23.35M shares are outstanding, with a floating share count of 11.94M. Insiders hold about 48.87% of the company’s shares, while institutions hold 0.19% stake in the company. Shares short for CCTG as of 1759190400 were 116490 with a Short Ratio of 0.12, compared to 1756425600 on 11712. Therefore, it implies a Short% of Shares Outstanding of 116490 and a Short% of Float of 3.7600000000000002.
