ChinaCache International (CCIH) Shares Down 11.9%

Shares of ChinaCache International Holdings Ltd (NASDAQ:CCIH) traded down 11.9% during trading on Thursday . The company traded as low as $1.81 and last traded at $1.85. 1,348,700 shares traded hands during trading, a decline of 49% from the average session volume of 2,620,550 shares. The stock had previously closed at $2.10.

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ChinaCache International Company Profile

ChinaCache International Holdings Ltd. (ChinaCache) is a holding Company. The Company provides a portfolio of services and solutions to businesses, government agencies and other enterprises to manage the scalability of their online services and applications. Its across the nation service platform, which consists of its network, servers and software, is designed to handle planned and unplanned peaks without upfront and ongoing capital outlay and other investments on the part of its customers.

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