ChinaCache International Holdings Ltd. (NASDAQ:CCIH) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.01 and last traded at $5.05, with a volume of 27,043 shares changing hands. The stock had previously closed at $5.05.

The stock’s 50 day moving average price is $5.62 and its 200 day moving average price is $7.25. The company’s market cap is $127.33 million.

ChinaCache International Holdings (NASDAQ:CCIH) last released its quarterly earnings data on Thursday, August 18th. The company reported ($0.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by $0.17. ChinaCache International Holdings had a negative return on equity of 49.55% and a negative net margin of 27.55%. Equities research analysts forecast that ChinaCache International Holdings Ltd. will post ($0.52) earnings per share for the current year.

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Institutional investors have recently added to or reduced their stakes in the company. Burnham Asset Management Corp NY acquired a new position in ChinaCache International Holdings during the second quarter worth approximately $579,000. Oppenheimer & Co. Inc. increased its position in ChinaCache International Holdings by 4.8% in the second quarter. Oppenheimer & Co. Inc. now owns 22,477 shares of the company’s stock worth $146,000 after buying an additional 1,038 shares during the last quarter. Oxford Asset Management increased its position in ChinaCache International Holdings by 26.0% in the second quarter. Oxford Asset Management now owns 199,992 shares of the company’s stock worth $1,296,000 after buying an additional 41,325 shares during the last quarter. Acadian Asset Management LLC boosted its stake in shares of ChinaCache International Holdings by 87.4% in the second quarter. Acadian Asset Management LLC now owns 325,144 shares of the company’s stock worth $2,107,000 after buying an additional 151,679 shares during the period. Finally, Pioneer Investment Management Inc. boosted its stake in shares of ChinaCache International Holdings by 1.3% in the fourth quarter. Pioneer Investment Management Inc. now owns 701,814 shares of the company’s stock worth $5,783,000 after buying an additional 9,153 shares during the period. 35.89% of the stock is owned by institutional investors.

ChinaCache International Holdings 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.

5 Day Chart for NASDAQ:CCIH

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