CCA Industries (OTCMKTS:CAWW) Shares Down 6.8% – Should You Sell?

CCA Industries, Inc. (OTCMKTS:CAWW) shares fell 6.8% during trading on Friday . The company traded as low as $0.40 and last traded at $0.45. Approximately 4,600 shares traded hands during trading, an increase of 24,698% from the average daily volume of 19 shares. The stock had previously closed at $0.4830.

CCA Industries Stock Performance

The business has a 50-day moving average of $0.48 and a 200-day moving average of $0.50. The stock has a market capitalization of $2.97 million, a price-to-earnings ratio of 45.05 and a beta of 0.64.

CCA Industries (OTCMKTS:CAWW) last released its quarterly earnings results on Tuesday, April 14th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $1.51 million for the quarter. CCA Industries had a negative return on equity of 33.71% and a net margin of 1.89%.

About CCA Industries

CCA Industries, Inc (OTCMKTS: CAWW) is a U.S.-based company specializing in the design, sourcing and distribution of aftermarket performance parts and accessories for motorcycles, all-terrain vehicles (ATVs), utility terrain vehicles (UTVs) and other powersports equipment. The company focuses on proprietary-brand products and selectively licensed product lines, offering a range of performance upgrades, replacement components and styling accessories to enthusiasts and independent retailers throughout North America.

The company’s product portfolio spans engine components, exhaust systems, suspension parts, braking upgrades, electrical accessories and performance-enhancing electronics.