CCH (NASDAQ:CCHH) Trading Up 0.7% – Still a Buy?

CCH Holdings Ltd (NASDAQ:CCHHGet Free Report)’s share price traded up 0.7% on Tuesday . The company traded as high as $1.49 and last traded at $1.38. Approximately 278,867 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 409,900 shares. The stock had previously closed at $1.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of CCH from a “sell (e)” rating to a “sell (d-)” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Read Our Latest Stock Analysis on CCHH

CCH Stock Performance

The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.04 and a current ratio of 2.11. The company’s 50-day moving average price is $2.71 and its 200-day moving average price is $4.71.

CCH (NASDAQ:CCHHGet Free Report) last announced its quarterly earnings data on Saturday, May 16th. The company reported ($0.69) earnings per share (EPS) for the quarter. The firm had revenue of $2.46 million during the quarter.

About CCH

(Get Free Report)

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.

Further Reading

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