China Commercial Credit Inc (CCCR) Insider Sells $5,642,116.50 in Stock

China Commercial Credit Inc (NASDAQ:CCCR) insider Yang Jie sold 3,761,411 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $1.50, for a total transaction of $5,642,116.50. Following the transaction, the insider now directly owns 3,484,386 shares of the company’s stock, valued at $5,226,579. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Yang Jie also recently made the following trade(s):

  • On Wednesday, December 12th, Yang Jie acquired 150,000 shares of China Commercial Credit stock. The stock was acquired at an average cost of $3.50 per share, with a total value of $525,000.00.

China Commercial Credit Inc (NASDAQ:CCCR) opened at $1.40 on Wednesday. China Commercial Credit Inc has a fifty-two week low of $0.89 and a fifty-two week high of $4.00.

China Commercial Credit (NASDAQ:CCCR) last released its quarterly earnings data on Tuesday, November 14th. The credit services provider reported ($0.14) EPS for the quarter. The business had revenue of $0.13 million during the quarter. China Commercial Credit had a negative return on equity of 1,995.02% and a negative net margin of 2,903.62%.

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China Commercial Credit Company Profile

China Commercial Credit, Inc is engaged in offering financial services in China. The Company’s operations consist of providing direct loans, loan guarantees and financial leasing services to small-to-medium sized businesses (SMEs), farmers and individuals in the city of Wujiang, Jiangsu Province. Its loan and loan guarantee business is conducted through Wujiang Luxiang Rural Microcredit Co, Ltd.

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