CCH (NASDAQ:CCHH) CEO Kok Goh Buys 5,220,000 Shares of Stock

CCH Holdings Ltd (NASDAQ:CCHH) CEO Kok Goh acquired 5,220,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were purchased at an average price of $0.28 per share, with a total value of $1,461,600.00. Following the completion of the transaction, the chief executive officer owned 5,220,000 shares of the company’s stock, valued at $1,461,600. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

CCH Stock Performance

Shares of CCH stock opened at $1.42 on Thursday. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $4.68. CCH Holdings Ltd has a 12-month low of $1.15 and a 12-month high of $153.90.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded CCH from a “sell (e)” rating to a “sell (d-)” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

About CCH

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.