Wall Street Zen downgraded shares of Creative Global Technology (NASDAQ:CGTL – Free Report) from a hold rating to a sell rating in a report issued on Saturday.
Creative Global Technology Trading Down 36.1%
Shares of CGTL opened at $1.45 on Friday. Creative Global Technology has a 1 year low of $0.81 and a 1 year high of $10.59. The stock has a 50-day simple moving average of $1.94 and a 200-day simple moving average of $4.08.
Institutional Trading of Creative Global Technology
A hedge fund recently bought a new stake in Creative Global Technology stock. Citadel Advisors LLC acquired a new stake in Creative Global Technology Holdings Limited (NASDAQ:CGTL – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 114,332 shares of the company’s stock, valued at approximately $914,000. Citadel Advisors LLC owned about 0.53% of Creative Global Technology at the end of the most recent quarter.
About Creative Global Technology
Mission Consumer electronic devices have a limited life, but some rest idle with meaningful useful life left. We help make every minute of recycled consumer electronic devices’ lives count with our expertise in quickly connecting their demands and supplies, thereby facilitating the circular economy in the consumer electronic devices business and reducing waste.
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