Creative Global Technology (NASDAQ:CGTL) Stock Rating Upgraded by Wall Street Zen

Creative Global Technology (NASDAQ:CGTL) was upgraded by equities researchers at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings cut shares of Creative Global Technology from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Creative Global Technology Stock Performance

NASDAQ CGTL opened at $4.47 on Friday. Creative Global Technology has a 1 year low of $2.27 and a 1 year high of $96.00. The company has a fifty day moving average of $6.39 and a two-hundred day moving average of $22.21.

Institutional Investors Weigh In On Creative Global Technology

A hedge fund recently bought a new position in Creative Global Technology stock. XTX Topco Ltd acquired a new position in shares of Creative Global Technology Holdings Limited (NASDAQ:CGTL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 44,056 shares of the company’s stock, valued at approximately $52,000. XTX Topco Ltd owned about 0.26% of Creative Global Technology as of its most recent filing with the Securities & Exchange Commission.

About Creative Global Technology

Creative Global Technology Holdings Inc (NASDAQ: CGTL) is a China-based provider of advanced electronics manufacturing services specializing in the design and production of semiconductor packaging substrates, printed circuit boards (PCBs) and related back-end assembly solutions. The company’s core capabilities encompass high-density interconnect substrates, leadframe and leadless chip carriers, and system-in-package modules, enabling customers to address the miniaturization and performance demands of modern electronic devices.

CGTL serves a broad spectrum of end markets, including smartphones, tablets, computing devices, automotive electronics, and industrial applications.