Creative Global Technology (NASDAQ:CGTL) Raised to Sell at Wall Street Zen

Creative Global Technology (NASDAQ:CGTL) was upgraded by research analysts at Wall Street Zen to a “sell” rating in a research report issued on Saturday.

Separately, Weiss Ratings lowered Creative Global Technology from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 16th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Creative Global Technology Stock Performance

CGTL opened at $4.47 on Friday. Creative Global Technology has a 52-week low of $2.27 and a 52-week high of $96.00. The business has a fifty day moving average of $6.39 and a 200 day moving average of $22.24.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Creative Global Technology stock. XTX Topco Ltd acquired a new stake in shares of Creative Global Technology Holdings Limited (NASDAQ:CGTL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 44,056 shares of the company’s stock, valued at approximately $52,000. XTX Topco Ltd owned approximately 0.26% of Creative Global Technology as of its most recent SEC filing.

Creative Global Technology Company Profile

Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.

CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.