CCH (NASDAQ:CCHH) Shares Down 3.4% – Here’s What Happened

CCH Holdings Ltd (NASDAQ:CCHHGet Free Report) dropped 3.4% during trading on Friday . The stock traded as low as $0.37 and last traded at $0.37. Approximately 62,509 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 81,885 shares. The stock had previously closed at $0.3830.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e-)” rating on shares of CCH in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on CCHH

CCH Stock Down 3.4%

The business’s 50 day moving average price is $0.51 and its two-hundred day moving average price is $1.87.

CCH (NASDAQ:CCHHGet Free Report) last issued its quarterly earnings results on Saturday, May 16th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $2.46 million for the quarter.

CCH Company Profile

(Get Free Report)

We are one of the leading specialty hotpot restaurant chains in Malaysia, specializing in chicken hotpot and fish head hotpot. With roots in George Town, Penang, Malaysia since 2015, we have become a top player in the specialty hotpot market in Malaysia. Our principal executive offices are located in Pulau Pinang, Malaysia.

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