CCH (NASDAQ:CCHH) Trading 0.7% Higher – What’s Next?

CCH Holdings Ltd (NASDAQ:CCHH) was up 0.7% on Tuesday . The stock traded as high as $1.49 and last traded at $1.38. 278,867 shares were traded during trading, a decline of 32% from the average session 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 note on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

CCH Stock Performance

The company’s 50-day moving average is $2.67 and its 200-day moving average is $4.68. The company has a current ratio of 2.11, a quick ratio of 2.04 and a debt-to-equity ratio of 0.22.

Insider Activity

In related news, CEO Kok E. Goh purchased 5,220,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were acquired at an average cost of $0.28 per share, with a total value of $1,461,600.00. Following the completion of the purchase, the chief executive officer directly 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

CCH Company Profile

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.