CCSC Technology International Holdings Ltd [NASDAQ: CCTG] gained 2.46% on the last trading session, reaching $1.25 price per share at the time.
CCSC Technology International Holdings Ltd represents 23.35 million in outstanding shares, while the company has a total market value of $6.25 million with the latest information. CCTG stock price has been found in the range of $0.92 to $1.28.
If compared to the average trading volume of 1.60M shares, CCTG reached a trading volume of 13019628 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about CCSC Technology International Holdings Ltd [CCTG]:
The Price to Book ratio for the last quarter was 10.50, with the Price to Cash per share for the same quarter was set at 0.09.
Trading performance analysis for CCTG stock
CCSC Technology International Holdings Ltd [CCTG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.81. With this latest performance, CCTG shares dropped by -10.71% in over the last four-week period, additionally sinking by -3.10% over the last 6 months – not to mention a drop of -19.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CCTG stock in for the last two-week period is set at 49.39, with the RSI for the last a single of trading hit 0.2529, and the three-weeks RSI is set at 0.2652 for CCSC Technology International Holdings Ltd [CCTG]. The present Moving Average for the last 50 days of trading for this stock 1.2928, while it was recorded at 1.2540 for the last single week of trading, and 1.3361 for the last 200 days.
CCSC Technology International Holdings Ltd [CCTG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and CCSC Technology International Holdings Ltd [CCTG] shares currently have an operating margin of -11.16% and a Gross Margin at 28.27%. CCSC Technology International Holdings Ltd’s Net Margin is presently recorded at -8.00%.
CCSC Technology International Holdings Ltd (CCTG) Capital Structure & Debt Analysis
According to recent financial data for CCSC Technology International Holdings Ltd. ( CCTG), the Return on Equity (ROE) stands at -12.27%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -8.49%, reflecting the company’s efficiency in generating profits from its assets. Additionally, CCSC Technology International Holdings Ltd’s Return on Invested Capital (ROIC) is -12.26%, showcasing its effectiveness in deploying capital for earnings.
CCSC Technology International Holdings Ltd (CCTG) Efficiency & Liquidity Metrics
Based on CCSC Technology International Holdings Ltd’s (CCTG) latest financial statements, the Debt-to-Equity Ratio is 0.12%, indicating its reliance on debt financing relative to shareholder equity.
CCSC Technology International Holdings Ltd (CCTG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, CCSC Technology International Holdings Ltd. (CCTG) effectively leverages its workforce, generating an average of -$684.41 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.35% and a Quick Ratio of 1.89%, indicating strong ability to cover short-term liabilities.
An analysis of Institutional ownership at CCSC Technology International Holdings Ltd [CCTG]
There are presently around $0.28%, or 0.36%% of CCTG stock, in the hands of institutional investors.
