CCA Industries (OTCMKTS:CAWW) Trading Down 4% – Time to Sell?

CCA Industries, Inc. (OTCMKTS:CAWW)’s stock price traded down 4% during mid-day trading on Wednesday . The stock traded as low as $0.45 and last traded at $0.48. 4,755 shares were traded during mid-day trading, an increase of 78% from the average session volume of 2,671 shares. The stock had previously closed at $0.50.

CCA Industries Stock Performance

The business has a 50 day simple moving average of $0.50 and a 200-day simple moving average of $0.54. The firm has a market capitalization of $3.16 million, a price-to-earnings ratio of 48.05 and a beta of 0.66.

CCA Industries (OTCMKTS:CAWW) last announced its quarterly earnings results on Tuesday, April 14th. The company reported ($0.04) earnings per share for the quarter. CCA Industries had a net margin of 1.89% and a negative return on equity of 33.71%. The firm had revenue of $1.51 million for the quarter.

About CCA Industries

CCA Industries, Inc (OTCMKTS: CAWW) is a U.S.-based company specializing in the design, sourcing and distribution of aftermarket performance parts and accessories for motorcycles, all-terrain vehicles (ATVs), utility terrain vehicles (UTVs) and other powersports equipment. The company focuses on proprietary-brand products and selectively licensed product lines, offering a range of performance upgrades, replacement components and styling accessories to enthusiasts and independent retailers throughout North America.

The company’s product portfolio spans engine components, exhaust systems, suspension parts, braking upgrades, electrical accessories and performance-enhancing electronics.