Country Style Cookin Rating Increased to Hold at TheStreet (CCSC)
Country Style Cookin (NASDAQ:CCSC) was upgraded by investment analysts at TheStreet from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, StockRatingsNetwork reports.
The analysts wrote, “Country Style Cooking Restaurant Chain (CCSC) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.”
Shares of Country Style Cookin (NASDAQ:CCSC) traded up 2.17% during mid-day trading on Tuesday, hitting $9.41. 18,514 shares of the company’s stock traded hands. Country Style Cookin has a 52-week low of $5.95 and a 52-week high of $9.87. The stock’s 50-day moving average is $7.14 and its 200-day moving average is $6.. The company has a market cap of $246.4 million and a price-to-earnings ratio of 31.43.
Country Style Cookin (NASDAQ:CCSC) last announced its earnings results on Thursday, August 15th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.01. The company had revenue of $53.10 million for the quarter, compared to the consensus estimate of $48.90 million.
Country Style Cooking Restaurants Chain Co, Ltd. (NASDAQ:CCSC) is a quick service restaurant chain in China.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.