Chinacache International Holdings Limited Reaches New 12-Month High at $10.01 (CCIH)
Chinacache International Holdings Limited (NASDAQ:CCIH)’s share price reached a new 52-week high during trading on Friday, Stock Ratings Network reports. The stock traded as high as $10.01 and last traded at $9.77, with a volume of 1,149,874 shares traded. The stock had previously closed at $9.01.
CCIH has been the subject of a number of recent research reports. Analysts at Oppenheimer reiterated an “outperform” rating on shares of Chinacache International Holdings Limited in a research note to investors on Wednesday, August 21st. They now have a $8.50 price target on the stock, down previously from $10.50. Analysts at TheStreet upgraded shares of Chinacache International Holdings Limited from a “sell” rating to a “hold” rating in a research note to investors on Thursday, August 15th.
Chinacache International Holdings Limited has a 52-week low of $3.50 and a 52-week high of $10.00. The stock has a 50-day moving average of $6.17 and a 200-day moving average of $4.73. The company’s market cap is $220.4 million.
Chinacache International Holdings Limited (NASDAQ:CCIH) last announced its earnings results on Monday, August 19th. The company reported $0.00 earnings per share (EPS) for the quarter. Analysts expect that Chinacache International Holdings Limited will post $-0.14 EPS for the current fiscal year.
ChinaCache International Holdings Ltd. (NASDAQ:CCIH) is a holding company and conducts is business through its operating subsidiary and affiliated entities.
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